Abu Dhabi

Coinbase CEO Brian Armstrong (Coinbase)
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)

Bitcoin Barely Flinches After U.S. Jobs Report; Binance Withdraws License Application for Abu Dhabi Investment Fund
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...
Bitcoin Barely Flinches After U.S. Jobs Report; Binance Withdraws License Application for Abu Dhabi Investment Fund

Abu Dhabi (Kamil Rogalinski/Unsplash)
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)

Abu Dhabi (Kamil Rogalinski/Unsplash)
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)

IOTA price (CoinDesk)
IOTA Jumps 43% After Registering Ecosystem Foundation in Abu Dhabi
The IOTA Ecosystem DLT Foundation claims to be the first foundation to be registered under the emirate's regulatory framework for blockchain foundations, the press release sai...
IOTA price (CoinDesk)

Abu Dhabi (Kamil Rogalinski/Unsplash)
Crypto Custody Firm Copper to Start Digital Securities Brokerage in Abu Dhabi
Copper Securities is working with Abu Dhabi’s Financial Services Regulatory Authority to have all appropriate approvals in place by early 2024.
Abu Dhabi (Kamil Rogalinski/Unsplash)

Abu Dhabi skyline at dusk
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.
Abu Dhabi skyline at dusk

Abu Dhabi (Kamil Rogalinski/Unsplash)
Abu Dhabi Enacts DLT Framework for DAOs, Web3, TradFi Firms
The UAE's second-most populous emirate has taken the first steps to legalize the operations of decentralized entities such as DAOs.
Abu Dhabi (Kamil Rogalinski/Unsplash)

Abu Dhabi (Kamil Rogalinski/Unsplash)
Zodia Markets Receives In-Principle Approval as Crypto Broker-Dealer in Abu Dhabi
Abu Dhabi was among the first to establish a bespoke licensing regime for virtual asset service providers.
Abu Dhabi (Kamil Rogalinski/Unsplash)

Abu Dhabi (Kamil Rogalinski/Unsplash)
Crypto Exchange Rain Obtains License to Operate Virtual Asset Brokerage, Custody Service in UAE
Rain's Abu Dhabi-based entity can now offer institutional clients and some retail clients in the UAE the ability to buy, sell and store virtual assets.
Abu Dhabi (Kamil Rogalinski/Unsplash)