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Abu Dhabi

(Carmen Martínez Torrón/Getty Images)
Finance
Regulations
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.
(Carmen Martínez Torrón/Getty Images)
By Jack Schickler
Mar 9, 2023 at 9:10 a.m. UTC
Mar 9, 2023
RegulationsFTXFTX CollapseAbu DhabiSequoia CapitalUnited Arab Emirates
The Abu Dhabi skyline (Nick Fewings)
Finance
Abu dhabi
Abu Dhabi Starts $2B Initiative to Back Web3 Startups
The Hub71 + Digital Assets ecosystem will also back companies focusing on blockchain technologies.
The Abu Dhabi skyline (Nick Fewings)
By Brandy Betz
Feb 15, 2023 at 1:06 p.m. UTC
Feb 15, 2023
Abu DhabiUAEFundingWeb3
Kraken's Head of Strategy on Crypto Winter Outlook
Video
Kraken
Kraken's Head of Strategy on Crypto Winter Outlook
Recently, Kraken closed its Abu Dhabi office less than a year after securing a license in the region. This comes after the crypto exchange announced a wave of layoffs last yea...
Kraken's Head of Strategy on Crypto Winter Outlook
By CoinDesk Inc
Feb 8, 2023 at 4:08 p.m. UTC
Feb 8, 2023
KrakencdtvFTXFM ClipAbu DhabiSocial_ClipftxforarcTomas perfumo
Kraken's Head of Strategy on Crypto Winter, FTX Fallout
Video
Kraken
Kraken's Head of Strategy on Crypto Winter, FTX Fallout
Kraken Head of Strategy Thomas Perfumo discusses what's next for the exchange following a year of crypto price collapses and a wave of industry bankruptcies. Perfumo also disc...
Kraken's Head of Strategy on Crypto Winter, FTX Fallout
By CoinDesk Inc
Feb 8, 2023 at 3:39 p.m. UTC
Feb 8, 2023
KrakencdtvFM ClipThomas PerfumoAbu Dhabicontagion
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
Video
Binance
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
Binance CEO Changpeng "CZ" Zhao has been meeting with investors in Abu Dhabi, seeking cash for the exchange's crypto recovery fund, according to a Bloomberg report. However, Z...
CZ Denies Report Binance Met With Middle East Investors for Crypto Recovery Fund
By CoinDesk Inc
Nov 22, 2022 at 6:15 p.m. UTC
Nov 22, 2022
BinanceChangpeng ZhaoBloombergcdtvFTXHash clipAbu Dhabicontagionftxforarc
Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
Finance
Binance
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis.
Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
By Jamie Crawley
Nov 22, 2022 at 2:44 p.m. UTC
Nov 22, 2022
BinanceAbu DhabiMiddle EastCZ
Crusoe CEO Chase Lochmiller with Mulham Basheer Al Jarf, deputy president of OIA and chairman of Oman oil company OQ (Crusoe)
Finance
Bitcoin mining
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
The U.S. startup – which uses flared natural gas to power bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.
Crusoe CEO Chase Lochmiller with Mulham Basheer Al Jarf, deputy president of OIA and chairman of Oman oil company OQ (Crusoe)
By Aoyon Ashraf
Jun 3, 2022 at 5:50 p.m. UTC
Jun 3, 2022
Bitcoin MiningGasAbu DhabiUAEMiddle EastUSFundingEnvironment
Dubai (David Rodrigo/Unsplash)
Finance
Dubai
Dubai Real Estate Developer to Accept Crypto Payments Amid UAE Push for Crypto Hub Status
Several of the world's biggest crypto exchanges have flocked to the emirates in the last few months.
Dubai (David Rodrigo/Unsplash)
By Eliza Gkritsi
Apr 28, 2022 at 1:19 p.m. UTC
Apr 28, 2022
DubaiReal EstateRegulationRegulatorsAbu DhabiPayment Channels
Abu Dhabi's skyline. (Nick Fewings/Unsplash)
Finance
Kraken
Kraken Receives UAE License to Operate as a Regulated Crypto Exchange
The exchange joins several counterparts plotting moves to or gaining licenses in the United Arab Emirates.
Abu Dhabi's skyline. (Nick Fewings/Unsplash)
By Shaurya Malwa
Apr 25, 2022 at 9:31 a.m. UTC
Apr 25, 2022
KrakenCrypto ExchangeDubaiAbu DhabiRegulation
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Video
Binance
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Binance wins Abu Dhabi nod for another Middle Eastern outpost. India’s MobiKwik pulls crypto support. South Korea’s president-elect forges ahead with crypto policies. Twitter...
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
By CoinDesk Staff
Apr 11, 2022 at 3:02 p.m. UTC
Apr 11, 2022
BinanceNFTcdtvIndiaTwitterFM ClipSouth KoreaDailyForkMiddle EastAbu Dhabi