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🌍 Ripple Expands in UAE with Zand Bank & Mamo Partnerships 💸🇦🇪
🚀 Ripple just signed two new customers — Zand Bank and Mamo — as part of its growing presence in the Middle East, following its March licensing from Dubai’s DFSA.
Here’s what’s happening:
✅ Ripple Payments now powering cross-border payments for Zand & Mamo
🏦 DFSA License allows Ripple to manage end-to-end global payments for banks & fintechs
🌐 Operates in 90+ markets, processed $70B+ in global volume
⚡ Uses XRP as a bridge currency in some transactions via On-Demand Liquidity (ODL)
💬 “This license helps solve inefficiencies in legacy payment systems,” says Ripple's MENA MD.
Zand Bank also plans to launch an AED-backed stablecoin, and Mamo sees Ripple as key to scalable, fast, and reliable remittances.
📉 Meanwhile, XRP is down 3.5% in the last 24 hours amid broader market weakness (CoinDesk 20 -3.4%).
💡 Ripple’s push in the UAE reinforces Dubai’s growing role as a crypto and fintech innovation hub.
#Ripple #XRP #UAE #Dubai #CrossBorderPayments
🚀 Ripple just signed two new customers — Zand Bank and Mamo — as part of its growing presence in the Middle East, following its March licensing from Dubai’s DFSA.
Here’s what’s happening:
✅ Ripple Payments now powering cross-border payments for Zand & Mamo
🏦 DFSA License allows Ripple to manage end-to-end global payments for banks & fintechs
🌐 Operates in 90+ markets, processed $70B+ in global volume
⚡ Uses XRP as a bridge currency in some transactions via On-Demand Liquidity (ODL)
💬 “This license helps solve inefficiencies in legacy payment systems,” says Ripple's MENA MD.
Zand Bank also plans to launch an AED-backed stablecoin, and Mamo sees Ripple as key to scalable, fast, and reliable remittances.
📉 Meanwhile, XRP is down 3.5% in the last 24 hours amid broader market weakness (CoinDesk 20 -3.4%).
💡 Ripple’s push in the UAE reinforces Dubai’s growing role as a crypto and fintech innovation hub.
#Ripple #XRP #UAE #Dubai #CrossBorderPayments
🇦🇪 Dubai's VARA Sets June 19 Deadline for Crypto Compliance
⚖️ Dubai's Virtual Assets Regulatory Authority (VARA) has rolled out Version 2.0 of its Rulebooks, tightening oversight across 7 key virtual asset activities — including exchange services, lending, and custody.
🌐 All crypto exchanges and service providers must comply by June 19, marking a significant step in Dubai’s push for a more secure and transparent Web3 ecosystem.
📢 This move positions Dubai as a global leader in clear, proactive crypto regulation.
#Dubai #VARA #Crypto #Web3 #Blockchain
⚖️ Dubai's Virtual Assets Regulatory Authority (VARA) has rolled out Version 2.0 of its Rulebooks, tightening oversight across 7 key virtual asset activities — including exchange services, lending, and custody.
🌐 All crypto exchanges and service providers must comply by June 19, marking a significant step in Dubai’s push for a more secure and transparent Web3 ecosystem.
📢 This move positions Dubai as a global leader in clear, proactive crypto regulation.
#Dubai #VARA #Crypto #Web3 #Blockchain
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Dubai Pioneer: Crypto Payments Accepted – A Bright Future for Digital Currency!
The Finance Department #Dubai has just signed a cooperation agreement, allowing citizens and businesses to pay government service fees using major cryptocurrencies such as Bitcoin. After the technical implementation is completed, users can pay for public utilities, parking, and many other services through electronic wallets, with an automatic system converting crypto to dirham #UAE , ensuring secure transactions.
Dubai's pioneering move is proof of the increasingly widespread acceptance of cryptocurrencies, opening up strong long-term potential. With Bitcoin (104,000 USD) and Ethereum (2,500 USD) leading the way, along with crypto fund inflows reaching 3.4 billion USD last week and a forecast accumulation of 330 billion USD into Bitcoin by 2029, the cryptocurrency market is getting closer to becoming a global payment method. This innovation not only promotes the blockchain ecosystem but also promises a transparent and sustainable future for the industry.
Risk Warning: Investing in crypto carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.
The Finance Department #Dubai has just signed a cooperation agreement, allowing citizens and businesses to pay government service fees using major cryptocurrencies such as Bitcoin. After the technical implementation is completed, users can pay for public utilities, parking, and many other services through electronic wallets, with an automatic system converting crypto to dirham #UAE , ensuring secure transactions.
Dubai's pioneering move is proof of the increasingly widespread acceptance of cryptocurrencies, opening up strong long-term potential. With Bitcoin (104,000 USD) and Ethereum (2,500 USD) leading the way, along with crypto fund inflows reaching 3.4 billion USD last week and a forecast accumulation of 330 billion USD into Bitcoin by 2029, the cryptocurrency market is getting closer to becoming a global payment method. This innovation not only promotes the blockchain ecosystem but also promises a transparent and sustainable future for the industry.
Risk Warning: Investing in crypto carries high risks due to price volatility and legal uncertainties. Please consider carefully before participating.
#cryptocurreny #DubaiCrypto
Big News from Dubai!
Dubai's Department of Finance is setting a groundbreaking precedent by allowing government service fees to be paid using cryptocurrency. This move aligns with Dubai’s vision to become a global hub for blockchain innovation and digital finance.
Whether it’s paying for permits, licenses, or official documents, residents and businesses will soon be able to use popular cryptocurrencies like Bitcoin and Ethereum—making transactions more seamless and future-forward.
Welcome to the future of finance, powered by crypto!
#Dubai #GovernmentServices #Finance
Big News from Dubai!
Dubai's Department of Finance is setting a groundbreaking precedent by allowing government service fees to be paid using cryptocurrency. This move aligns with Dubai’s vision to become a global hub for blockchain innovation and digital finance.
Whether it’s paying for permits, licenses, or official documents, residents and businesses will soon be able to use popular cryptocurrencies like Bitcoin and Ethereum—making transactions more seamless and future-forward.
Welcome to the future of finance, powered by crypto!
#Dubai #GovernmentServices #Finance
🚨 BREAKING NEWS — Crypto Adoption Explodes Globally
🇧🇹 #Bhutan fully accepts #Bitcoin for ALL tourism payments
🇦🇪 #Dubai to enable crypto payments for govt services via Crypto.com
🇨🇦 #Robinhood goes global — acquires WonderFi for C$250M (41% premium)
🇰🇷 $XRP tops South Korea’s retail volume — $1.2B+, beating $BTC & $ETH
🇧🇹 #Bhutan fully accepts #Bitcoin for ALL tourism payments
🇦🇪 #Dubai to enable crypto payments for govt services via Crypto.com
🇨🇦 #Robinhood goes global — acquires WonderFi for C$250M (41% premium)
🇰🇷 $XRP tops South Korea’s retail volume — $1.2B+, beating $BTC & $ETH
📢💥 BREAKING: Dubai Govt ne officially Bitcoin aur Crypto payments ko accept kar liya hai! 🇦🇪🚀
Ab aap $BTC, $ETH aur doosri cryptocurrencies se government services ki fees pay kar sakte hain! 🔥
🌐 Ye ek historic step hai jo crypto ko real duniya ke use mein la raha hai
🪙 Crypto se ab sirf trade nahi, real-life payments bhi!
📈 Ye move global crypto adoption ko boost karega
💼 Dubai ne sabit kar diya hai ke wo future ready hai — aur wo future hai Crypto!
Dubai ka yeh bold step duniya ko ek message de raha hai:
👉 "Crypto ab aaya nahi... aachuka hai!"
🔗 Ab sirf holders nahi, users bhi ban jao!
✨ Yeh sirf shuruaat hai…
#Dubai #CryptoNews #Bitcoin 🚀💸🌍🪙✨💥🇦🇪✅🔥
Ab aap $BTC, $ETH aur doosri cryptocurrencies se government services ki fees pay kar sakte hain! 🔥
🌐 Ye ek historic step hai jo crypto ko real duniya ke use mein la raha hai
🪙 Crypto se ab sirf trade nahi, real-life payments bhi!
📈 Ye move global crypto adoption ko boost karega
💼 Dubai ne sabit kar diya hai ke wo future ready hai — aur wo future hai Crypto!
Dubai ka yeh bold step duniya ko ek message de raha hai:
👉 "Crypto ab aaya nahi... aachuka hai!"
🔗 Ab sirf holders nahi, users bhi ban jao!
✨ Yeh sirf shuruaat hai…
#Dubai #CryptoNews #Bitcoin 🚀💸🌍🪙✨💥🇦🇪✅🔥
rushmin01
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Binance Gets Permission to Operate in Dubai!
Binance, a popular cryptocurrency exchange, just got approval from Dubai to operate legally there. This means that UAE residents using Binance will need to update some information to keep using the service.
Here's what you need to know:
Good News for Binance: Dubai's government gave Binance a license to operate a local exchange called Binance FZE. This means Binance can now follow Dubai's rules and offer cryptocurrency services there.
Update Your Info: If you live in the UAE and use Binance, you'll get an email asking you to update some personal information. This helps keep Binance secure for everyone. You'll need to submit the information by December 15, 2024.
What This Means for You: With this license, Binance can offer more secure and trusted services in Dubai. It also shows that Binance is following the rules set by Dubai.
What to Do: If you live in the UAE and use Binance, keep an eye out for an email with instructions on how to update your information. Make sure to do it before December 15th so you can keep using Binance.
Overall, this is a positive development for both Binance and cryptocurrency users in Dubai. It allows Binance to operate legally and securely, and it gives users more confidence using Binance's services.
#BinanceSquareFamily
#CryptoTradingGuide
#Megadrop
#CryptoPCEWatch
Here's what you need to know:
Good News for Binance: Dubai's government gave Binance a license to operate a local exchange called Binance FZE. This means Binance can now follow Dubai's rules and offer cryptocurrency services there.
Update Your Info: If you live in the UAE and use Binance, you'll get an email asking you to update some personal information. This helps keep Binance secure for everyone. You'll need to submit the information by December 15, 2024.
What This Means for You: With this license, Binance can offer more secure and trusted services in Dubai. It also shows that Binance is following the rules set by Dubai.
What to Do: If you live in the UAE and use Binance, keep an eye out for an email with instructions on how to update your information. Make sure to do it before December 15th so you can keep using Binance.
Overall, this is a positive development for both Binance and cryptocurrency users in Dubai. It allows Binance to operate legally and securely, and it gives users more confidence using Binance's services.
#BinanceSquareFamily
#CryptoTradingGuide
#Megadrop
#CryptoPCEWatch
🚨 Are you worried about BTC price action? - Read This!
Since making its top at $74k in march, btc has been on a downtrend. Btc price action has affected alts a lot as most of them are down 50%-80% from their Q1 highs. But this has always been the case.
After each halving, btc goes sideways for a prolonged period of time.
In 2016, btc went sideways for 161 days after halving.
In 2020, btc went sideways for 175 days after halving.
Right now, btc is going sideways from 119 days.
But there are a few bullish things happening on which most of us are not paying attention. For an asset to pump, the supply should go down while demand should rise.
Let's talk about the supply side of btc 👇
➬ since july, etfs and accumulation addresses have bought 450,000 btc
➬ bitcoin supply on exchanges is now at its lowest level in 6 years
➬ bitcoin long-term holders accumulation is at its highest level in 15 months
➬ 45% of btc supply hasn't moved in 6 months
All these metrics are indicating towards an upcoming supply crunch
Along with that:
➮ microstrategy is buying $2b worth of btc
➮ marathon is buying $300m worth of btc
➮ blackrock and other financial institutions are accumulating continuously
Now, what about the demand side?
As we know, demand will start picking by q4 as some major events will take place:
➜ fed rate cut will begin
➜ global qe will start otherwise there'll be a risk on global recession
➜ russia international trade with crypto begin
➜ fasb rule will be implemented that will allow $3t+ of corporate cash to be invested into btc
All these events will increase the liquidity, and along with btc supply crunch, a parabolic run will start!
🚨 Don't forget to scroll to the top of my profile, hit the vote button, and unlock your share of the $10,000 prize pool!
- Mende out!
#dubai #uae #cryptonews #crypto #bitcoin
$BTC
Since making its top at $74k in march, btc has been on a downtrend. Btc price action has affected alts a lot as most of them are down 50%-80% from their Q1 highs. But this has always been the case.
After each halving, btc goes sideways for a prolonged period of time.
In 2016, btc went sideways for 161 days after halving.
In 2020, btc went sideways for 175 days after halving.
Right now, btc is going sideways from 119 days.
But there are a few bullish things happening on which most of us are not paying attention. For an asset to pump, the supply should go down while demand should rise.
Let's talk about the supply side of btc 👇
➬ since july, etfs and accumulation addresses have bought 450,000 btc
➬ bitcoin supply on exchanges is now at its lowest level in 6 years
➬ bitcoin long-term holders accumulation is at its highest level in 15 months
➬ 45% of btc supply hasn't moved in 6 months
All these metrics are indicating towards an upcoming supply crunch
Along with that:
➮ microstrategy is buying $2b worth of btc
➮ marathon is buying $300m worth of btc
➮ blackrock and other financial institutions are accumulating continuously
Now, what about the demand side?
As we know, demand will start picking by q4 as some major events will take place:
➜ fed rate cut will begin
➜ global qe will start otherwise there'll be a risk on global recession
➜ russia international trade with crypto begin
➜ fasb rule will be implemented that will allow $3t+ of corporate cash to be invested into btc
All these events will increase the liquidity, and along with btc supply crunch, a parabolic run will start!
🚨 Don't forget to scroll to the top of my profile, hit the vote button, and unlock your share of the $10,000 prize pool!
- Mende out!
#dubai #uae #cryptonews #crypto #bitcoin
$BTC
🚨 Eric Trump has officially announced the $1B Trump Tower Dubai project — and crypto payments will be accepted!
🇦🇪 Set to rise at the entrance of Downtown Dubai on Sheikh Zayed Road, the development will feature a Trump-branded hotel, luxury residences, a clubhouse, and two exclusive penthouses priced at $20.4M each.
⏳ Scheduled for completion in five years, this project marks a bold new chapter in real estate innovation in the UAE.
#TrumpTower #RealEstate #Crypto #Dubai #Blockchain
🇦🇪 Set to rise at the entrance of Downtown Dubai on Sheikh Zayed Road, the development will feature a Trump-branded hotel, luxury residences, a clubhouse, and two exclusive penthouses priced at $20.4M each.
⏳ Scheduled for completion in five years, this project marks a bold new chapter in real estate innovation in the UAE.
#TrumpTower #RealEstate #Crypto #Dubai #Blockchain
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🔴 The full text of the new law #البيتكوين proposed by Senator Lummis
The bill has been reintroduced to the U.S. Senate after the 2024 version was suspended in the relevant committee.
🛑 Key updates in 5 main points:
1️⃣ Purchase program $BTC BTC
🔹 The BITCOIN 2025 law stipulates a stricter purchase schedule, allocating 200,000 BTC annually, compared to the 2024 draft which included the phrase “up to 200,000 BTC”.
📌 The project aims to enhance transparency in the management of federal government bitcoin assets, along with reducing costs by leveraging resources from the Federal Reserve System.
Do you think the United States is moving towards adopting bitcoin as a strategic asset? Share your opinion!
💬
#Binance
#BTC
#abomalak
#dubai
$BTC
The bill has been reintroduced to the U.S. Senate after the 2024 version was suspended in the relevant committee.
🛑 Key updates in 5 main points:
1️⃣ Purchase program $BTC BTC
🔹 The BITCOIN 2025 law stipulates a stricter purchase schedule, allocating 200,000 BTC annually, compared to the 2024 draft which included the phrase “up to 200,000 BTC”.
📌 The project aims to enhance transparency in the management of federal government bitcoin assets, along with reducing costs by leveraging resources from the Federal Reserve System.
Do you think the United States is moving towards adopting bitcoin as a strategic asset? Share your opinion!
💬
#Binance
#BTC
#abomalak
#dubai
$BTC
TRUMP TOWER DUBAI GOES CRYPTO
Eric Trump confirms: Crypto payments now accepted
at one of Dubai’s most iconic developments.
In the city where innovation is the lifestyle —
this isn’t just real estate…
it’s a signal.
Luxury Property x Digital Assets
One seamless, high-value transaction.
This is no longer adoption.
This is status. Speed. Smart money.
BULLISH.
# #TrumpTowerDubai #CryptoAdoption #SmartMoneyMoves #Dubai
Eric Trump confirms: Crypto payments now accepted
at one of Dubai’s most iconic developments.
In the city where innovation is the lifestyle —
this isn’t just real estate…
it’s a signal.
Luxury Property x Digital Assets
One seamless, high-value transaction.
This is no longer adoption.
This is status. Speed. Smart money.
BULLISH.
# #TrumpTowerDubai #CryptoAdoption #SmartMoneyMoves #Dubai
🚨 JUST IN: 🇦🇪 Dubai launches RWA tokenization sandbox to fuel digital finance innovation! 🔥
🌐 Big move for real-world assets on-chain—is Dubai leading the next crypto revolution?
⬇️ Bullish or just the beginning?
#Dubai #crypto #Tokenization #Web3
🌐 Big move for real-world assets on-chain—is Dubai leading the next crypto revolution?
⬇️ Bullish or just the beginning?
#Dubai #crypto #Tokenization #Web3
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