Dubai

Ripple secures in-principle approval from Dubai regulators

October 3, 2024 1 min read

Ripple has gained in-principle approval from the Dubai Financial Services Authority (DFSA) to expand its financial services in the UAE, enhancing its role in the region’s cross-border payment ecosystem. This approval allows Ripple to offer comprehensive payment solutions through the Dubai International Financial Centre (DIFC). CEO Brad Garlinghouse highlighted the UAE’s favorable crypto regulations, which have established the country as a global hub for digital asset firms. With this regulatory

Dubai Court affirms the legality of crypto payments for salaries

August 17, 2024 1 min read

The Dubai Court of First Instance has confirmed the validity of using cryptocurrency for salary payments as stated in employment contracts, indicating a notable change in the UAE’s judicial stance towards digital currencies. The verdict, delivered in case number 1739 of 2024 (Labour), pertained to a dispute in which an employee alleged non-payment of salary, unjustified termination, and other employment-related entitlements. The plaintiff’s contract stipulated a monthly remuneration in traditional

Blockchain Visionaries Assemble: Tido Capital’s Trailblazing Event Fuels Web3 Revolution

April 29, 2024 3 mins read

Blockchain Visionaries Assemble: Tido Capital’s Trailblazing Event Fuels Web3 Revolution Dubai, April 26, 2024 – Tido Capital, in collaboration with prominent cohost organizations, successfully concluded a momentous VC meetup-Venture Horizons：Investing in Tomorrow during the esteemed Token2049 conference and Web3 summit in Dubai. The event brought together a prestigious gathering of global Web3 experts, investors, innovative projects, and top voices. Against the relentless downpour, attendees braved the elements to converge at