MENA News
Discover the latest blockchain and crypto news from the MENA region, including updates from Dubai, Abu Dhabi, Bahrain, Qatar, and Oman, covering trends, regulations, and developments shaping the industry
At GITEX GLOBAL 2025, peaq, a leading Web3 and robotics platform, and the Virtual Assets Regulatory Authority (VARA), Dubai’s official virtual asset regulator, signed a landmark Memorandum of Understanding (MoU) to regulate on-chain robotics, DePIN (Decentralized Physical Infrastructure Networks), and tokenized machines. This agreement marks a major step toward developing the Machine Economy in the UAE, supporting compliant innovation, talent development, data reporting, and ecosystem growth. Real-world machines that generate…
Read More »Global fintech platform Fasset announced two landmark Memoranda of Understanding (MoUs) with Ajman Bank and Skyro UAE, marking major milestones in the evolution of digital and tokenized finance across the GCC region. The signing ceremonies took place during Future Blockchain Summit 2025 and GITEX Global 2025. UAE-headquartered fintech platform Fasset has signed a Memorandum of Understanding (MoU) with Ajman Bank, one of the UAE’s leading Islamic financial institutions, to jointly introduce integrated and compliant virtual asset offerings across the…
Read More »Selini Capital FZE has achieved a major milestone after being granted a broker-dealer license by Dubai’s Virtual Assets Regulatory Authority (VARA), positioning the firm to operate as a fully regulated Virtual Asset Service Provider (VASP). The approval enables Selini Capital to strengthen its regulated presence across the UAE and the wider Middle East, marking another step in Dubai’s emergence as a leading global hub for institutional digital asset activity. Expanding…
Read More »3iQ Corp. (“3iQ”), a global leader in digital asset investment solutions, has announced a strategic partnership with Further, a prominent institutional investment solutions provider, to launch a digital asset multi-strategy hedge fund designed specifically for institutional and sophisticated investors. This collaboration combines 3iQ’s institutional-grade infrastructure and expertise in digital asset solutions with Further’s deep knowledge of the blockchain and digital asset ecosystem. The partnership represents a major step forward in…
Read More »Laser Digital, the digital assets division of Nomura Group, has received in-principle approval from Dubai’s VARA to tokenize its global flagship Laser Carry Fund (LCF) under the regulator’s pilot ARVA Framework. This milestone positions Laser Digital to launch the first institutional-grade tokenized RWA product in Dubai. The newly approved Tokenised LCF (TLCF) will provide professional and institutional investors exposure to tokenized units of the Laser Digital Carry Fund SP, a…
Read More »The Dubai Financial Services Authority (DFSA) and the Virtual Assets Regulatory Authority (VARA) have signed a Memorandum of Understanding (MoU) to enhance collaboration and strengthen the regulatory framework for virtual assets across Dubai. The DFSA serves as the independent regulator of the Dubai International Financial Centre (DIFC), while VARA oversees the virtual assets sector across the Emirate of Dubai and its free zones, excluding the DIFC. The new MoU aims…
Read More »M2 Capital Limited, the proprietary investment arm of M2 Group, a UAE-headquartered conglomerate specializing in digital asset and fintech solutions, has announced a $21 million strategic investment in AVAX One Digital Asset Treasury (DAT) — a Nasdaq-listed company focused on AVAX, the native token of the Avalanche blockchain ecosystem. The investment underscores M2 Capital’s long-term commitment to connecting global blockchain innovation with the growing demand for regulated digital assets across…
Read More »When Indian crypto exchange CoinDCX suffered a $44 million hack in July 2025, speculation ran wild. Within days, reports suggested that Coinbase was in advanced talks to acquire CoinDCX for less than $1 billion — a steep discount from its $2.2 billion valuation during the last bull run. CoinDCX’s CEO Sumit Gupta swiftly dismissed the rumors, reiterating that the company was “super focused” on building India’s crypto future and “not…
Read More »The Securities and Commodities Authority (SCA) and the Dubai Virtual Assets Regulatory Authority (VARA) have announced a coordinated framework for regulating virtual assets (VAs) and their service providers, marking a significant step toward unified governance of the UAE’s fast-growing digital asset sector. This move builds on two key regulatory milestones: Cabinet Resolution No. (111) of 2022, which established the federal foundation for virtual asset regulation, and the Cooperation Agreement signed…
Read More »Dubai has taken another major step toward solidifying its standing as one of the world’s top financial hubs, as His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance, approved the Dubai Financial Sector Strategy, which is a comprehensive roadmap designed to double the sector’s contribution to the emirate’s GDP and expand its assets under management. During…
Read More »
