crypto

The regulator said the milestone reflects more than the number of licensed firms, highlighting Dubai’s growing appeal as a destination for regulated virtual asset businesses

The solution operates under the UAE’s Client Money Account framework and is designed to provide enhanced safeguards for user funds through regulated financial controls

UAE residents will be able to pay government fees using virtual assets, with all settlements conducted in UAE dirhams or CBUAE-approved dirham-backed stablecoins through the SVF framework

Citibank has announced plans to integrate bitcoin into its core banking systems in a move aimed at making the asset “bankable”

Analysts are closely watching bitcoin’s 200-week moving average as a potential area where the price could find a bottom, reveals Simon Peters, crypto analyst at eToro

Crypto activity rose sharply during bouts of social and geopolitical instability last year including during the recent protests, until the Iranian government blocked the internet on January 8

What distinguishes the UAE is not the ambition of its announcements, but its ability to move from strategy to execution, says Xin Yan, CEO and co-founder of Sign

The report anticipates a more supportive macroeconomic and regulatory backdrop in 2026, driven by monetary easing, fiscal stimulus and deregulation

The country’s approach combines progressive policy frameworks with high grassroots usage, including remittance-driven demand, and some of the world’s highest crypto user penetration rates

Crypto’s roots are in the West, but the Gulf is now leading innovation with regulation and global collaboration