Does Congress see risk in the $500 million UAE crypto stake?

A new dispute in Washington is drawing attention to how foreign money interacts with politically connected crypto ventures, with Congress now examining a $500 million investment tied to a member of the United Arab Emirates royal family. The funding, directed…

Trump Crypto Project Receives $100 Million From UAE Fund

The United Arab Emirates-based fund Aqua1 announced the acquisition of $100 million worth of World Liberty Financial (WLFI) tokens, marking another significant chapter in president trump’s expanding footprint across global crypto markets. This strategic purchase comes just one day after…

The UAE is Now The United States! OPNX Slammed with a $2.7 Million Fine For breaking Marketing Rules

The United Arab Emirates (UAE) is known as one of the countries with a relaxed crypto regulatory framework. But they are becoming more active in regulation after landing a $2.7 million fine on crypto exchange for flaunting crypto regulations.  UAE…

Abu Dhabi Plans $1 billion for Blockchain and Web3 Startups

Abu Dhabi’s Venom Foundation and Iceberg Capital plan to invest $1 billion in Web3 and blockchain technology firms through a new partnership. The Venom Ventures Fund plans to invest in various decentralized applications (DApps) and protocols that focus on areas…

The UAE Health Ministry Reveals Blockchain Solution for Medical Data

The UAE’s Ministry of Health and Prevention (MOHAP) has teamed up with the Ministry of Presidential affairs as well as Dubai Healthcare City, to launch a Blockchain-based health data storage platform. According to the Emirates News Agency on Feb 2,…