RAK Properties now accepts Bitcoin, Ethereum, and USDT for Mina homes via Hubpay’s regulated platform/Representative Image In a strategic move to broaden global investor access and embrace financial innovation, RAK Properties has teamed up with fintech firm Hubpay to allow international buyers to purchase real estate in Ras Al Khaimah using cryptocurrencies. The initiative targets…
RAKBANK’s mobile app now lets customers trade major cryptocurrencies using UAE dirhams/Image: Instagram TL;DR: RAKBANK is the first traditional UAE bank to enable retail crypto trading via its mobile app. The service is delivered in collaboration with Bitpanda Broker MENA DMCC, a licensed VARA-regulated platform. Customers can buy, sell and swap Bitcoin, Ethereum, Solana, and…
Dubai’s new VARA marketing rules aim to eliminate misleading crypto promotions and build trust in the virtual asset space/Image: File TL:DR: Dubai’s Virtual Assets Regulatory Authority (VARA) now mandates marketing rules that prioritise consumer safety and full transparency. Only licensed crypto firms can promote to UAE audiences, including through foreign influencers. The new regulations restrict…
UAE authorities clarify that Golden Visas are not granted to cryptocurrency investors amid rising misinformation/ Representative Image In response to growing misinformation circulating online, the United Arab Emirates (UAE) has officially clarified that Golden Visas are not being issued to cryptocurrency investors. The statement, made by three key national regulatory bodies, firmly denied claims suggesting…
David Sacks reacted to Zohran Mamdani’s opinion that there should be no billionaire in NYC. President Donald Trump’s crypto czar David Sacks said NYC mayoral candidate Zohran Mamdani’s statement against billionaires should serve as a wake-up call to Silicon Valley as Mamdani said he doesn’t think there should be billionaires. Speaking on NBC’s Meet the…
