Dubai

Dubai

Finance

Dubai Insurance offers a crypto wallet so you can pay premiums and collect claims in bitcoin

In partnership with Standard Chartered’s Zodia Custody, Dubai Insurance is the first insurer globally to issue a crypto wallet for its policy holders to transact with digital assets.

(Photo by ZQ Lee on Unsplash/Modified by CoinDesk)

Policy

Dubai bans privacy token use on exchanges, tightens stablecoin rules in crypto reset

Dubai's financial regulator said privacy-focused assets are incompatible with global compliance norms as it moves to a firm-led token suitability model and sharper stablecoin classifications.

Dubai UAE (Pexels, Pixabay)

Opinion

The UAE Isn’t Just Regulating Tokenization — It’s Building Its Economy Around It

As other jurisdictions stall in regulatory debate, the UAE is institutionalizing tokenization, moving it to the core of its economic infrastructure, according to MidChains CEO.

Dubai UAE (Pexels, Pixabay)

Web3

UAE’s Largest Fuel Retailer Will Accept Stablecoin in 980 Stations in Three Countries

A new deal with Al Maryah Community Bank brings stablecoin payments to the pumps, shops and car washes at ADNOC retailers in UAE, Saudi Arabia and Ethiopia.

Dubai UAE (Pexels, Pixabay)

Policy

Nomura-Backed Laser Digital Wins Regulatory Nod for Crypto Derivatives in Dubai

Laser Digital secured the first regulated over-the-counter crypto options limited license under VARA’s pilot framework.

Dubai skyline

Finance

UAE Lender RAKBANK Offers Retail Customers Crypto With Bitpanda

Customers can now buy, sell, and swap crypto via RAKBANK’s app through Bitpanda’s regulated platform.

UAE coins money

Markets

XRP Ledger to Star in Ripple- Ctrl Alt Deal to Tokenize Dubai Real Estate

Ctrl Alt will use Ripple's custody infrastructure to store tokenized property title deeds on the XRP Ledger.

dubai

Finance

Dubai's Emirates Airline Explores Cryptocurrency Payments With Crypto.com Partnership

The carrier aims to tap into a "younger, tech-savvy customer segment" that wants to pay with crypto, an Emirates executive said.

Emirates Airline (Saim Munib/Unsplash)

Policy

Dubai Sets RWA Milestone With First Approval of Tokenized Money Market Fund

The Dubai Financial Services Authority approved the QCD Money Market Fund backed by Qatar National Bank and DMZ Finance.

Aerial view of Dubai contrasting skycrapers with lower-rise buildings.

Markets

Ripple’s Stablecoin, RLUSD, Gets Stamp of Approval in Dubai

The move opens doors to the usage of RLUSD in the Dubai agency's payments platform, Ripple said.

Dubai