Abu Dhabi


Finance

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.

(Danny Nelson/CoinDesk)

Finance

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.

Ramon Recuero, Kinto CEO and co-founder (Kinto)

Markets

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

Abu Dhabi

Policy

Custody Provider Liminal Wins Approval in Abu Dhabi as It Extends Expansion in Asia

The company has also secured registrations in India and Dubai.

(Autumn_ schroe/Unsplash)

Policy

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.

Executives from QCP and Further Ventures (QCP)

Policy

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.

Executives from QCP and Further Ventures (QCP)

Finance

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.

Coinbase CEO Brian Armstrong (Coinbase)

Videos

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).

Recent Videos

Finance

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.

Abu Dhabi (Kamil Rogalinski/Unsplash)

Markets

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.

Abu Dhabi (Kamil Rogalinski/Unsplash)

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