Modern business center in Ras Al Khaimah with digital blockchain identity interface overlay
Bitcoin News

UAE free zone launches blockchain-based business IDs for registered firms

Innovation City, a Ras Al Khaimah-based free zone focused on artificial intelligence and Web3, has launched what it claims is the first blockchain-based digital business identity system. According to a Monday release shared with Cointelegraph, every company registered in Innovation City receives a sovereign, cryptographically verifiable identity issued on OPN Chain, the public blockchain infrastructure […]

Bybit cryptocurrency exchange operations and expansion in the Middle East and UAE digital asset hub.
AI News

Exclusive: Bybit Doubles Down on Middle East Crypto Hub Despite Regional Tensions

DUBAI, UAE — April 15, 2026: In a decisive move that defies regional geopolitical uncertainty, leading global cryptocurrency exchange Bybit has publicly reinforced its commitment to the Middle East and North Africa (MENA) region. The announcement comes precisely one month after escalated military strikes between the US, Israel, and Iran sent shockwaves through the Gulf, […]

Bybit reaffirms commitment to Middle East crypto operations in Dubai amid regional security concerns
Bitcoin News

Breaking: Bybit Doubles Down on Middle East Crypto Operations Despite Regional Tensions

DUBAI, UAE — April 15, 2026: Global cryptocurrency exchange Bybit has made a decisive strategic move, doubling down on its Middle East operations despite escalating regional tensions following recent military strikes. The company announced today the appointment of a new country manager for the Middle East and North Africa (MENA) region and reaffirmed its commitment […]

UAE's Bitcoin mining profit from its strategic Citadel partnership in a desert data center.
Ethereum News

Revealed: UAE’s $344M Bitcoin Windfall from Strategic $450M Mining Venture

Abu Dhabi, UAE – April 2025: The United Arab Emirates has realized a substantial profit of approximately $344 million from a strategic Bitcoin mining initiative valued at around $450 million. This financial outcome stems from a partnership with the mining firm Citadel and represents a significant, low-volatility gain for the nation’s digital asset reserves. Analysis […]

UAE Bitcoin mining facility operated by Citadel Mining generating substantial sovereign profit.
Ethereum News

UAE Bitcoin Mining: How the Nation Secured a Stunning $344 Million Unrealized Profit

Dubai, United Arab Emirates, April 2025: The United Arab Emirates has emerged as a significant and sophisticated player in the global Bitcoin ecosystem, securing an estimated $344 million in unrealized profit from its strategic mining operations. According to recent financial analyses, the total net value of Bitcoin mined by the UAE, primarily through its partnership […]

UAE Bitcoin holdings exceed $900 million as cryptocurrency market fear hits extreme lows.
Ethereum News

UAE Bitcoin Holdings Surpass $900M as Crypto Fear Index Plummets to 9

Dubai, UAE – April 2025: The United Arab Emirates has emerged as a significant sovereign-level holder of Bitcoin, with its total exposure now exceeding $900 million. This substantial position, comprising direct reserves and major stakes in spot Bitcoin Exchange-Traded Funds (ETFs), materializes during a period of pronounced market anxiety. Concurrently, the Crypto Fear & Greed […]

Ripple and Zand Bank launch the RLUSD-AEDZ liquidity bridge on XRP Ledger for UAE digital economy.
Bitcoin News

Ripple and Zand Bank Launch Major RLUSD-AEDZ Liquidity Bridge on XRP Ledger

Dubai, UAE, April 2025: In a significant move for the United Arab Emirates’ digital economy, Ripple, the enterprise blockchain and crypto solutions provider, has partnered with Zand Bank, the UAE’s first digital-only bank, to launch a regulated liquidity bridge. This central infrastructure connects Ripple’s U.S. dollar-pegged stablecoin, RLUSD, with Zand Bank’s digital dirham, AEDZ, directly […]