Cryptocurrency

MultiBank, Khabib launch big tokenised sports venture

Joint venture aimed at building the world’s first regulated tokenised sports ecosystem

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The new company, MultiBank Khabib LLC, will operate from Dubai.

Trump pardons Binance founder Changpeng Zhao

Zhao pleaded guilty in late 2023 to failing to maintain an anti-money-laundering program

Changpeng Zhao (46), founder and ex-CEO of Binance - one of the world's most prolific crypto firms - when he pled guilty to criminal charges for failing anti-money laundering regulations and US sanctions violations, including allowing transactions with terrorist groups.

Why more UAE residents look to invest in crypto soon

New investors across the UAE are joining global wave of rising confidence in crypto assets

More UAE residents look to invest in crypto as confidence grows worldwide

DFSA, VARA to build financial, virtual asset regulation

DFSA regulates DIFC, while VARA oversees Dubai’s virtual assets sector outside the centre

DIFC has its own independent, internationally recognised regulator, the Dubai Financial Services Authority (DFSA).

SCA, VARA join forces to regulate virtual assets in UAE

Deal aims to boost investor protection, innovation, market transparency nationwide

SCA and VARA partner to strengthen virtual asset rules, oversight in UAE

Crypto mogul, 32, found dead in Lamborghini amid crash

Ukrainian crypto trader found with gunshot wound; police suspect suicide

Ukrainian crypto mogul Konstantin Galich. Suicide suspected as 32-year-old crypto star found dead in Lamborghini amid market crash

Dubai now world’s top licensed virtual asset market

Recorded virtual assets transactions exceed Dh2.5 trillion since beginning of 2025

Dubai now world’s largest licensed market for virtual assets

Crypto’s dirty secret: Mining it hurts the planet

Bitcoin’s energy use per dollar generated now exceeds that of mining copper or gold

A worker walks past crypto mining racks at a plant in Hernandarias, 350km east of Asuncion, Paraguay on August 2, 2024.

Hackers targeted Barcelona's Instagram for crypto scam?

Hackers target FC Barcelona's Instagram to push $FCB crypto scam

Barcelona Instagram hacked to promote fake FCB coin in new Solana crypto scam?

Visa pilots new way to speed up cross-border payments

Unlocks liquidity, cuts costs, and modernises treasury operations for global businesses

Visa pilots stablecoin funding to speed up cross-border payments

BNB boom: The Binance coin everyone’s talking about

Surge hasn’t just been about crypto markets rallying, it’s tied to intense speculation

In November last year, Zhao and Binance pleaded guilty to anti-money laundering and US sanctions violations under a sweeping settlement with the US that allows the crypto exchange to continue operating.

UAE among world's top crypto hubs

UAE scores perfect 10 for tax-friendliness with zero levies on crypto trading and mining

Strong government backing, including Dubai's Virtual Assets Regulatory Authority and the Central Bank’s Digital Dirham programme, underpins the emirates’ thriving blockchain ecosystem.

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