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Dubai witnessed a historic growth spurt in its real estate market in May this year, with an all-time high sales volume, as well as record-breaking transaction values, reflecting a higher investor confidence in the city’s realty. As per data provided by a publication on 8 May 2025, Dubai’s property market hit a milestone of 18,700 … Read more
Key Takeaways Ripple’s RLUSD stablecoin was approved by the DFSA for use in the DIFC. Stablecoin adoption in the UAE is rapidly increasing, with strong interest from businesses for cross-border payments and digital asset solutions. Share this article The Dubai Financial Services Authority, which oversees financial services within the Dubai International Financial Centre (DIFC), has … Read more
What is XRP at today? Well, Dubai is turning real estate into code. Backed by a $16 billion plan built on the XRP Ledger, the city’s new property tokenization platform will let investors buy slivers of buildings like they buy crypto. XRP is still standing after all the lawsuits and clown takes. Boomers love it, … Read more
A yacht party hosted by DogeOS during the Token2049 Dubai conference week. Dubai, United Arab Emirates, May 1, 2025 Natasha Turak | CNBC DUBAI, United Arab Emirates — On a humid Dubai night in early May, I joined guests gathered on the five-storey, 220-foot long Lotus megayacht to celebrate the culmination of TOKEN2049, a major … Read more
Thesis-led venture studio 021 has acquired a controlling stake in ArtsDAO, the Middle East’s largest Web3 community, in a strategic move to expand its presence in Dubai’s blockchain ecosystem. The acquisition positions 021 to leverage ArtsDAO’s influence in the region and contribute to Dubai’s growing status as a global Web3 hub, according to a press … Read more
Emirates NBD, Dubai’s state-owned bank, has started offering crypto trading services through its digital bank subsidiary, Liv Bank. A key factor driving this is the increased interest of millennials and Gen Z in alternative assets, including private equity, private debt, real estate, and infrastructure. On 6 March 2025, Liv Bank, Aquanow, and Zodia Custody made … Read more
CLS Global, a Dubai-based cryptocurrency market maker, has agreed to plead guilty to charges of wash trading on the decentralized trading platform Uniswap, according to an announcement by US prosecutors from the District of Massachusetts on 21 January 2025. As part of the plea deal, CLS Global will pay $428,059 to the US government, comprising … Read more
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