United Arab Emirates Archives

Ripple Expands Blockchain Footprint in UAE With Real Estate and Custody Deal

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Ripple is revolutionizing global real estate as Dubai adopts its XRP Ledger for tokenized property deeds, unlocking secure, scalable blockchain custody in a landmark government move. Dubai Land Department Modernizes Deeds With Ripple’s Blockchain Infrastructure Ripple announced on July 16 a major step into the UAE’s tokenized asset market, reinforcing its global custody network through […]

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Ripple Custody to Support Dubai Land Department’s Tokenized Real Estate Initiative

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Ripple has announced a strategic partnership with Ctrl Alt to provide institutional-grade digital asset custody for the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration will enable secure storage for tokenized real estate title deeds issued on the XRP Ledger (XRPL), marking a significant advancement in the region’s digital asset infrastructure. As the

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Crypto Takes Flight: Emirates and Dubai Duty Free Announce Crypto Payment Plans

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Dubai is advancing its payment systems by integrating cryptocurrency options through partnerships between Emirates Airline and Dubai Duty Free with the digital asset platform Crypto.com. This initiative follows the signing of strategic Memorandums of Understanding (MoUs) aimed at enhancing digital finance innovation in the region. Dubai Duty Free, which reported over $1.12 billion in sales

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TON Foundation Clarifies Details of Golden Visa Staking Program

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The TON Foundation stated that this program resulted from an independent collaboration with a licensed partner, explaining that the UAE government had no direct involvement. “Application alone does not guarantee visa issuance,” the foundation emphasized, following the denials of involvement from government institutions regarding this initiative. TON Foundation Explains Status of Its 10-Year UAE Golden

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UAE Authorities Debunk Golden Visa Program for Digital Asset Investors

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Various government institutions in the United Arab Emirates have denied the existence of a golden visa program for cryptocurrency investors. The Virtual Assets Regulatory Authority emphasized that TON is not regulated in the country. UAE Government Denies Existence of Golden Visa Program for Digital Asset Investments The government of the United Arab Emirates (UAE) has

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TON Launches UAE Golden Visa Initiative for Toncoin Holders

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Max Crown, CEO of the TON Foundation, announced the launch of an initiative allowing Toncoin holders to secure a 10-year Golden Visa in the UAE. Participants can obtain the visa by staking 100,000 in TON for three years and paying a one-time processing fee of $35,000. The process promises fast approval, with visas issued in

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Nasdaq-Listed DeFi Technologies Sets Up Shop in Dubai to Tap MENA’s Crypto Boom

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DeFi Technologies Inc, a Nasdaq-listed fintech firm, is expanding into the GCC and MENA regions to capitalize on the rising institutional demand for digital assets across the Middle East. Expanding DeFi Technologies’ Global Footprint DeFi Technologies Inc, a Nasdaq-listed financial technology company, has announced a significant expansion into the GCC and MENA regions. The company

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Future of Finance Onchain: RWAs Poised for ‘Hockey Stick’ Growth, Says Mavryk Dynamics CEO

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Mavryk Dynamics CEO, Alex Davis, says the United Arab Emirates is positioning itself as a leader in the integration of traditional assets with blockchain technology. He says the country’s regulatory environment allows real estate giant MAG to tokenize ultra-luxury properties. UAE’s Pioneering Regulatory Sandbox As the global financial landscape increasingly looks to merge traditional assets

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$100M Power Play: UAE’s Aqua 1 Dives Into Trump-Linked WLFI

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A Web3 fund based in the United Arab Emirates has made a strategic $100 million investment in World Liberty Financial governance tokens. Creation of Institutional-Grade Marketplace The United Arab Emirates-based Web3 fund, Aqua 1, has announced a significant $100 million strategic purchase of World Liberty Financial (WLFI) governance tokens. The investment is intended to secure

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Ctrl Alt Secures VARA License to Operate as Virtual Assets Service Provider in Dubai

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Ctrl Alt, a tokenization infrastructure platform, has officially received its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP), becoming the first VASP authorized to conduct issuer-related services. This license enables Ctrl Alt to offer Broker-Dealer and Issuer services, allowing the company to create, manage, and distribute

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