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United Arab Emirates
MANTRA Blockchain to Tokenize $1B of Real-World Assets for UAE-Based Property Firm DAMAC
The deal will allow token-based financing of DAMAC's wide range of portfolio companies that includes real estate development, hospitality and data centers.
UAE Exempts Crypto Transactions From Value Added Tax
The update in the law applies retrospectively from Jan. 1, 2018.
Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed
Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.
Crypto Mining Retailer Phoenix Looks at IPO in UAE: Bloomberg
The UAE-based firm is developing one of the region’s largest mining facilities.
FTX Reaches $45M Deal to Sell Interest in Sequoia to Abu Dhabi's Investment Arm
The agreement requires approval from a Delaware bankruptcy court as the failed exchange seeks to raise funds for creditors.
BBC Investigation Reveals New Details About OneCoin Pyramid Scheme
A long-term BBC investigation has discovered OneCoin, which fraudulently branded itself as a cryptocurrency, received significant support from high-ranking government leaders in both the United Arab Emirates and Bulgaria. "The Hash" hosts discuss the latest in one of the biggest Ponzi schemes of all time.
The Missing CryptoQueen Has Friends in (Very) High Places
With evidence of complicity at the very highest levels of government, the BBC’s years-long investigation into the OneCoin pyramid scheme returns.
UAE Cracks Down on Crypto Real Estate Money Laundering
The government of the United Arab Emirates (UAE) stated on Monday that real estate agents will have to alert money laundering authorities of any property sales paid for in crypto. “The Hash” panel discusses what this means for crypto adoption and regulation in the UAE.
UAE Minister On Crypto Regulation and Innovation
Omar Al Olama, Minister of State for Artificial Intelligence and Digital Economy in the United Arab Emirates (UAE), joined CoinDesk at the World Economic Forum in Davos to discuss UAE’s plans for regulating and driving innovation in the blockchain and crypto space.
What Will a Metaverse Embassy for Barbados Look Like?
The island nation of Barbados is preparing to legally declare digital real estate sovereign land by establishing a metaverse embassy. Barbados Ambassador to the United Arab Emirates Gabriel Abed shares insights into the initiative. What does it mean to have an embassy in the metaverse? How will Barbadians use it and benefit from it?