Abu Dhabi
White House wants crypto law signed by July 4th
White House crypto adviser Patrick Witt told Consensus Miami that the administration is targeting July 4 — the nation's 250th birthday — for passage of the Digital Asset Market Clarity Act. The timeline requires Senate markup this month and four floor weeks in June. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Binance brings back tokenized stocks trading with Ondo Finance deal
The world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push.
Binance Wins Full ADGM Approval for Exchange, Clearing, and Brokerage Operations
Abu Dhabi’s Financial Services Regulatory Authority has granted licenses to three Binance entities covering exchange, clearing, and brokerage functions.
Ripple’s RLUSD Stablecoin Wins Key Regulatory Green Light in UAE
The designation means licensed firms can use the dollar-pegged token for regulated activities, placing it into a small group of tokens permitted by the ADGM’s ring-fenced financial system.
Animoca Brands Wins Initial Abu Dhabi Approval to Operate Regulated Fund
Animoca Brands received in-principle approval from Abu Dhabi’s FSRA to operate as a regulated fund manager within ADGM.
Abu Dhabi Investment Tripled IBIT Holdings in Q3 as Bitcoin Headed to Record High
The company sees bitcoin as a store of value, similar to gold, a spokesperson told Bloomberg.
Abu Dhabi Bans Crypto Mining on Farms, Citing Energy Use
Farms caught mining cryptocurrency will face penalties, including a fine of 100,000 dirham ($27,000), doubled for repeat offenses.
ORQO Debuts in Abu Dhabi With $370M in AUM, Sets Sight on Ripple USD Yield
With licenses held in Europe and now expanding in the Middle East, the firm aims to become a global on-chain asset manager.
Abu Dhabi Ventures Into Bond Tokenization with HSBC and FAB as RWA Momentum Accelerates
The issuance of the first digital bond lays the groundwork for a broader set of tokenized assets like Islamic bonds and real estate products, ADX Group CEO said.
Ripple M&A Target Hidden Road to Open New Office in Abu Dhabi With a Potential Royal Family Addition
The firm has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of ADGM.
