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Abu Dhabi
Binance Gets $20B Investment From Abu Dhabi's MGX
It's the first institutional investment in the crypto exchange and the investment was made in an unnamed stablecoin, Binance said.

Brevan Howard Digital Deploys $20M on Ethereum-Based Kinto in Institutional DeFi Push
The investment enables participation in Kinto’s mining program, which rewards asset deposits on the chain with token emission.

Abu Dhabi Discloses $437M Stake in BlackRock Spot Bitcoin ETF
The ownership interest was held via Mubadala Investments, one of the country's sovereign wealth funds

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia
The company has also secured registrations in India and Dubai.

QCP Receives In-Principal Approval From Abu Dhabi Regulator
The digital assets trading firm said in April it was setting up shop in Abu Dhabi in collaboration with Further Ventures.

QCP and Further Ventures Announce Partnership for Middle East Crypto Expansion
Both companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.

Coinbase to Bring TradFi Assets On-Chain With New Platform Built on Base Under Abu Dhabi Regulator's Oversight
"Project Diamond" lets institutions create and trade digital native versions of financial instruments such as debt using Base in a regulated manner.

Bitcoin Barely Flinches After U.S. Jobs Report; Binance Withdraws License Application for Abu Dhabi Investment Fund
"CoinDesk Daily" host Jennifer Sanasie discusses the biggest crypto headlines shaping the industry today, as bitcoin (BTC) is slated to end the week about 14% higher, despite dipping earlier Friday morning after the November jobs report. Cryptocurrency exchange Binance withdrew its bid for an investment-management license in Abu Dhabi, deeming it unnecessary to the company's "global needs." And, there's a new legal wrinkle for former Binance CEO Changpeng Zhao (CZ).

Binance Withdraws License Application for Abu Dhabi Investment Fund
Binance determined the application was not necessary "when assessing [its] global needs." The move is unrelated to the exchange's legal settlement in the U.S.

Crypto Miner Phoenix Group's Shares Surge 35% in Abu Dhabi Stock Market Debut
In November, the UAE-based company said its initial public offering (IPO) was 33-times oversubscribed.
