Move is part of plans to expand regional operations Binance, the world’s largest cryptocurrency exchange by trading volume, has received in-principle approval from Bahrain's central bank to become a crypto-asset service provider in the Gulf kingdom. The approval comes after...

To enforce standards for investor protection Dubai World Trade Centre (DWTC) will become a comprehensive zone and regulator for virtual assets and crypto including digital assets, products, operators and exchanges, as part of the emirate's efforts to create new economic sectors....

The iconic Pontifex Carpet was turned into an NFT and will be displayed in an ornate gold frame on a 65-inch digital canvas DUBAI: The UAE’s gift to Pope Francis has been rendered as a non-fungible token (NFT) that will be available for purchase for $150,000 at Abu Dhabi Art this week....

The cryptocurrency extended its gains, breaching the previous day's $4,600 level Ether, the world's second-largest cryptocurrency, hit an all-time high on Wednesday, catching up with bitcoin's rally and riding on news of wider blockchain adoption. The ether token, which underpins...

Capability to list units worth up to $200mln on Nasdaq Dubai UAE - The Bitcoin Fund, the Middle East’s first listed digital asset-based fund has received approval from the Dubai Financial Services Authority (DFSA) for its At-the-Market program on Nasdaq Dubai. In line with the...

Cryptocurrency investment products and funds recorded inflows for a seventh straight week Bitcoin, the world's biggest cryptocurrency by market value, rose above the $50,000 mark for the first time in four weeks on Tuesday, adding to a series of gains since the start of October....

Bitcoin, the world's biggest and best-known cryptocurrency, tumbled more than 8% LONDON - Prices of cryptocurrencies plunged on Monday as concerns over the spillover risk to the global economy from Chinese property group Evergrande's troubles rippled over to wider markets....

The world's biggest and best-known cryptocurrency weakened 4% LONDON- A selloff in cryptocurrencies widened on Tuesday, with bitcoin weakening nearly 4% while smaller rival ether ETH=ETSP fell more than 6%. The world's biggest and best-known cryptocurrency weakened 4% to $50,516,...

Dubai is well-positioned to benefit from the growing cryptocurrency market in the Middle East as its regulators lead a push toward acceptance of blockchain-based technologies, according to Bittrex Global’s chief executive officer. The United Arab Emirates and Dubai are “doing all the...

Digital currency continues to recover from its collapse in June Bitcoin has topped more than $50,000 for the first time in three months as it continues to strengthen from its recent lows. The digital currency stood at $50,359.16 as of Monday morning, up 2.74 percent from the day...