Abu Dhabi-based asset management firm Lunate has acquired a minority stake in Brevan Howard, committing $2 billion to launch a new investment platform in the ADGM Free Trade […]
Mubadala and Al Warda Investments Maintain Substantial IBIT Holdings
Abu Dhabi’s influential entities, Mubadala and Al Warda Investments, continue to hold significant stakes in IBIT. New SEC filings demonstrate that Mubadala held 8,726,972 shares of IBIT as […]
Bitcoin Suisse Secures Key Approval to Launch Crypto Services in Abu Dhabi
Bitcoin Suisse, a Swiss company pioneering the development of Switzerland’s Crypto Valley, has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market. […]
Ripple Invests in Abu Dhabi’s Crypto Future with Hidden Road Acquisition
Ripple is forging a different path in the crypto landscape, strategically investing in global financial infrastructure rather than navigating regulatory battles. The $1.25 billion acquisition of Hidden Road […]
Hidden Road Expands with New Abu Dhabi Office Following Ripple Acquisition
Crypto and traditional asset brokerage firm Hidden Road is set to establish a presence in Abu Dhabi, following Ripple’s recent $1.25 billion acquisition of the company. The new […]
Hidden Road Expands Global Reach with Abu Dhabi Office Opening
Cryptocurrency and traditional asset brokerage firm Hidden Road is preparing for a significant move, opening an office in Abu Dhabi following Ripple’s acquisition of the company for $1.25 […]
Circle Secures Crucial Regulatory Approval in Abu Dhabi
Leading financial technology firm Circle has received in-principle approval from Abu Dhabi Global Market’s Financial Services Regulatory Authority (FSRA). This significant milestone grants Circle the authority to operate […]
Circle Secures Crucial Approval for Stablecoin Expansion in Abu Dhabi
Circle’s recent approval marks a major step forward in its global strategy for stablecoin expansion, specifically targeting the Middle East and Africa. In December 2024, Circle established a […]
Circle Secures Key Approval to Operate in Abu Dhabi
Circle has received in-principle approval from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) to operate as a money services provider. This follows Circle’s […]
Abu Dhabi Embarks on Stablecoin Project to Drive Secure & Scalable Digital Economy
Abu Dhabi’s initiative aims to establish a secure and scalable digital economy through the launch of a stablecoin backed by the UAE dirham. This project will see IHC, […]
Abu Dhabi Launches Dirham-Backed Stablecoin Project for Enhanced Payments
The United Arab Emirates’ Abu Dhabi International Holding Company (ADQ) and First Abu Dhabi Bank (FAB) have announced plans to launch a dirham-backed stablecoin, fully regulated by the […]
Hayvn Group Hit with $12.45M Fine for AML Violations: Crypto’s Abu Dhabi Scene Reaches New Milestone
In a landmark move that has reshaped the cryptocurrency scene in Abu Dhabi, Hayvn Group and its affiliates have been fined $12.45 million for serious Anti-Money Laundering (AML) […]
Abu Dhabi Fines Crypto Firm $12M for Unlicensed Activities
The Financial Services Regulatory Authority of Abu Dhabi Global Market (ADGM) has levied a hefty penalty of over $12 million on crypto firm Hayvn and its former CEO, […]