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UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades

UAE Digital Bank Ruya Rolls Out In-App Shari’ah-Compliant Crypto Trades

Ruya, a digital Islamic bank based in the UAE, now lets customers buy and sell cryptocurrencies directly through its mobile app. The bank confirmed...
ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments

Bitcoin Magazine ruya Becomes First Islamic Bank to Offer Bitcoin and Virtual Asset Investments In a global first, UAE-based Islamic bank ruya lau...
UAE-based digital Islamic bank ruya begins offering crypto investment services

UAE-based digital Islamic bank ruya begins offering crypto investment services

UAE’s first digital Islamic Bank, ruya has partnered with Fuze Finance, a UAE-regulated digital assets infrastructure provider and crypto broker, t...
Central Bank of UAE grants FUZE digital asset payments subsidiary a license

Central Bank of UAE grants FUZE digital asset payments subsidiary a license

FUZE, a digital asset financial infrastructure provider, which offers global stablecoin payments, fiat payouts and collections, and embedded crypto...
Mastercard Expands Crypto Credential Solution to UAE and Kazakhstan

Mastercard Expands Crypto Credential Solution to UAE and Kazakhstan

Mastercard has expanded its Crypto Credential solution to the UAE and Kazakhstan, enabling users to send and receive cryptocurrencies using simple ...
Mastercard launches crypto solution for traders in UAE and Kazakhstan

Mastercard launches crypto solution for traders in UAE and Kazakhstan

Mastercard has launched Crypto Credential in the UAE and Kazakhstan to allow crypto exchange users to send and receive cryptocurrencies using simpl...
UAE crypto VAT exemption viewed as significant positive impact on virtual asset ecosystem

UAE crypto VAT exemption viewed as significant positive impact on virtual asset ecosystem

On October 2nd the UAE Federal Tax Authority exempted crypto transaction from value-added tax (VAT). Effective from Nov. 15, 2024, the exemption ap...
Tether Scraps Plans to Launch Its Own Blockchain Amid Saturated Market

Tether Scraps Plans to Launch Its Own Blockchain Amid Saturated Market

Tether has canceled plans to launch its own blockchain, citing a saturated market and the presence of well-established blockchain platforms.
UAE’s Phoenix Group invests in Tether’s Dirham stablecoin

UAE’s Phoenix Group invests in Tether’s Dirham stablecoin

Tether, a global digital asset company and the issuer of USDT stablecoin announced its plans to launch a new stablecoin pegged to the United Arab E...
Tether Scraps Plans to Launch its Own Blockchain for USDT

Tether Scraps Plans to Launch its Own Blockchain for USDT

Tether Holdings, the issuer of the world’s largest stablecoin USDT, has decided to scrap plans to launch its own blockchain. The post Tether Scraps...