Tether’s USDT stablecoin has been officially recognised by Abu Dhabi Global Market, giving it a clear regulatory status across multiple blockchains. This allows licensed firms in the UAE to use USDT for trading, payments, and settlement under a regulated framework.

The UAE has built a Bitcoin reserve of around 6,300 BTC, worth up to $740 million, mainly through state-backed mining. This makes it one of the largest national holders, ranking just ahead of El Salvador.

The US and UAE agreed to build a huge AI data centre in Abu Dhabi and deepen technology cooperation. President Trump also secured over US$200 billion in deals with the UAE during his visit.

Abu Dhabi’s financial leaders are advancing into the crypto space with a new stablecoin project, aimed at enhancing the UAE’s digital infrastructure and reinforcing its position as a global fintech leader.

MGX invested $2 billion in Binance, marking the crypto exchange’s first institutional deal, and the investment was made entirely in stablecoins. This deal strengthens Binance’s presence in the UAE, positioning the country as a growing hub for digital assets and blockchain technology.

Malaysia is exploring crypto regulations after discussions between its prime minister, Abu Dhabi leaders, and Binance founder CZ. The talks focused on policies, risks, and cross-border collaborations, highlighting Malaysia’s aim to strengthen its role in the digital asset sector.

Amidst a surge in cryptocurrency interest, Phoenix Group's debut on the Abu Dhabi Securities Exchange marks a pivotal moment in the region's financial evolution.

Abu Dhabi-based Bitcoin mining firm Phoenix Group has made headlines with a triumphant $370 million fundraising through its recent initial public offering (IPO).

Renowned Shark Tank star, Kevin O’Leary, predicts a formidable challenger to crypto giant Binance. In an interview with Fox Business, O’Leary unveils M2, a new crypto exchange emerging from Abu Dhabi.

JPMorgan's successful blockchain pilot with First Abu Dhabi Bank marks a significant step in crypto adoption across financial institutions, demonstrating the technology's growing influence in cross-border payments and financial services.