Ctrl Alt’s Post

Ctrl Alt, a leading financial engineering and #tokenization platform, has officially launched in the #UAE, marking its entry into the #MENA region. With its headquarters in the #UK and #Ireland, Ctrl Alt’s expansion into the Emirate of #Dubai is driven by the city’s strategic push to integrate tokenized assets across various sectors. The company, which has already secured several key #partnerships, including one with Emirates NBD, will announce more collaborations in the coming months. Ctrl Alt brings a proven track record from the #UK and #Europe, where it manages over $150 million in assets. The firm now aims to replicate its success in Dubai, capitalizing on the #Emirate's rapid advancements in #blockchain technology and #digitalfinance. Read more: https://lnkd.in/e2JAEbns Ctrl Alt, Matt Ong, Robert Farquhar, Matt Acheson, Jordan McMullen, Jack Spargo #FintechNewsUAE #CtrlAlt #Launching #UAE #TokenizedAssets #DigitalAssets #Blockchain #Web3 #Fitnech #DigitalFinance #Crypto #DeFi #Dubai #MENA #MiddleEast #Tokenization #UK #Blockchaintechnology #fintechNews #UAEFintechNews

Tether to Launch Stablecoin Pegged to UAE's Dirham Tether, the leading provider of stablecoins in the digital asset sector, is set to launch a new stablecoin pegged to the United Arab Emirates dirham (AED). This initiative comes in collaboration with UAE-based Phoenix Group and Green Acorn Investments. The new stablecoin will be fully backed by liquid reserves held within the UAE, ensuring a digital representation of the dirham. Tether's move into the UAE market aims to offer users a cost-effective way to benefit from the AED, streamline international trade and remittances and reduce transaction fees. The collaboration with Phoenix Group, a prominent tech conglomerate based in Abu Dhabi, seeks to provide both businesses and individuals with a valuable tool for transactions. Seyed Mohammad Alizadehfard, co-founder and Group CEO of Phoenix Group, emphasized that this partnership underscores their commitment to delivering innovative financial solutions. #tether #uae #crypto #blockchain image source: cryptoslate

The approval of Tether (USDT) in Abu Dhabi highlights the growing appeal of the region for crypto businesses. With a clear regulatory framework, access to global markets, and a business-friendly environment, Abu Dhabi is becoming an attractive destination for obtaining a crypto license. Why Abu Dhabi? • Favorable Regulations: Clear, progressive framework for crypto. • Global Reach: Access to markets across the Middle East, Africa, and Asia. • Support for Innovation: A hub for digital asset growth and cutting-edge technology. • Business-Friendly: Tax advantages and investor confidence. For crypto firms, obtaining a license in Abu Dhabi is a strategic move to innovate, grow, and expand globally. Is Abu Dhabi the next global crypto hub? #CryptoLicensing #AbuDhabi #Blockchain #CryptoBusiness #DigitalFinance

🎉 Qatar's Digital Revolution Is Here! 🚀 Just stumbled upon an epic article on Coinpedia that’s got me hyped about the future of finance. Qatar just dropped their QFC Digital Assets Framework 2024, and trust me, this is HUGE! 🌍💥 Why’s it a big deal? 🤔 This framework isn’t just about rules—it’s about rewriting the playbook for digital assets. From tokenization to smart contracts, Qatar is gearing up to be the next big thing in the digital finance space. And with over 20 startups already diving into their Digital Assets Lab, innovation is in overdrive! ⚡ As I get ready for Token2049 in Singapore, I’m buzzing to connect with all the Web3 disruptors out there. If you’re attending, let’s catch up IRL and talk about how frameworks like this are shaking up the game! 🔥 Check out the article and hit me with your thoughts! 👇 https://lnkd.in/gEKbAjtu #Blockchain #Web3 #CryptoNews #DigitalFinance #Token2049 #Qatar2024 #NextBigThing #coinpedia #wednesday #IRL #Singapore #digitalasset #article #framework #linkedinpost #linkedin #coinpedia #coinpediaarticle

Thrilled to see Virtual Assets Regulatory Authority [VARA] leading the way in virtual asset regulation since inception. Thanks to Irina Heaver for her valuable content and insights into the regional crypto space. I've had the pleasure of knowing/working with Irina for 8 years now, which isn't something you say often in crypto! We're proud to be regulated by VARA, a progressive regulator that is business-friendly, protects investors, and attracts crypto companies to the region. #bitcoin #VARA

𝘿𝑴𝘾𝑪 𝑪𝙧𝒚𝙥𝒕𝙤 𝘾𝒆𝙣𝒕𝙧𝒆: 𝙇𝒆𝙖𝒅𝙞𝒏𝙜 𝙩𝒉𝙚 𝙐𝑨𝙀’𝙨 𝘾𝒓𝙮𝒑𝙩𝒐 𝑬𝙫𝒐𝙡𝒖𝙩𝒊𝙤𝒏 The Dubai Multi Commodities Centre (DMCC) has become a key hub for cryptocurrency and blockchain enterprises in the UAE through its innovative DMCC Crypto Centre. Located in the iconic Almas Tower, the Centre provides a comprehensive ecosystem for crypto businesses, offering co-working spaces, accelerator programs, and access to industry networks. With a strategic partnership with the UAE Securities and Commodities Authority (SCA), DMCC ensures a secure regulatory framework, enabling businesses to obtain tailored licenses for crypto activities. Licenses include Distributed Ledger Technology Services and Proprietary Trading in Crypto-Commodities, each designed to meet specific operational needs while adhering to national regulations. Starting at approximately AED 34,000, the setup process takes about four weeks, making DMCC an attractive choice for crypto enterprises. Advantages include a business-friendly environment, robust regulatory support, and a strategic location in Dubai, connecting companies to global markets. DMCC continues to lead the charge in fostering innovation, collaboration, and growth in the rapidly evolving digital economy _______________________________________ Please contact me if you have any requirements. 𝘌𝘮𝘢𝘪𝘭 : 𝘴𝘩𝘢𝘣𝘦𝘦𝘳@𝘩𝘢𝘭𝘭𝘮𝘢𝘳𝘬𝘢𝘶𝘥𝘪𝘵𝘰𝘳𝘴.𝘤𝘰𝘮 𝘱𝘩: +971 525139757 #DMCC #DMCCCryptoCentre #CryptoInDubai #DubaiBusinessHub #DMCCBlockchain #CryptoBusiness #BlockchainInnovation #CryptoHub #BlockchainTechnology #DigitalEconomy #CryptoEcosystem #FinTechRevolution #BusinessInUAE #DubaiEntrepreneurs #StartupEcosystem #GlobalMarkets #MiddleEastBusiness #CryptoRegulations #CryptoLicenses #Web3Business #BlockchainStartups #CryptoTrading #InnovationHub #DigitalTransformation #FutureOfFinance #TechForGood #SmartEconomy

In a groundbreaking development, QCP Capital has been granted In-Principle Approval by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM)! 🎉 This achievement solidifies QCP Capital as the latest digital assets firm to establish a licensed presence in Abu Dhabi. 🌍✨ CEO Melvin Deng expressed, "Our intention is to be a responsible player that wants to support market confidence. We are proud to be the first Singaporean digital asset market maker and broker-dealer to set up here in the market and hope we can encourage others to venture into this dynamic market." 💼💡 Abu Dhabi Global Market is swiftly emerging as a prominent crypto hub in the region, and QCP Capital is poised to contribute its expertise as pioneers in the digital assets space. 🌐💪 #QCPcapital #AbuDhabiCrypto #DigitalAssets #CryptoHub #Crypto #Blockchain #CryptoMarket #ADGM #Fintech #Leadership #Finance #CryptoInnovation 

My last event that I attended in Dubai is the Web3 Global, here, my friend asks me. Why Filipinos really loved to invest in #DeFi as #Philippines are now rank no. 3 based on the data. Filipinos who loved to invest in #DeFi, are the people who trust the concept of decentralization and of course the quick scheme profit in the future. They invested in short amount and hoping it will 100x in the next couple of months or weeks. DeFi aims to create a more open and accessible financial system that is accessible to anyone with an internet connection, even if we have slow internet connection some are still putting their small amount of investment and do some #HODL. Also, In the Philippines they are also exploring the DeFi services and products include lending and borrowing platforms, decentralized exchanges, asset management, insurance, and other financial services that can be accessed and managed through decentralized applications (DApps) on a blockchain network. Based on #DeFi Philippines: -Revenue in the DeFi market is projected to reach US$64,030.0k in the end of 2024. -Revenue is expected to show an annual growth rate (CAGR 2024-2028) of 9.41% resulting in a projected total amount of US$91,740.0k by 2028. -The average revenue per user in the DeFi market amounts to US$217.7 in 2024. -From a global comparison perspective it is shown that the highest revenue is reached in the United States (US$12,530,000.00k in 2024). -In the DeFi market, the number of users is expected to amount to 339.00k users by 2028. -User penetration will be 0.25% in 2024 and is expected to hit 0.28% by 2028. Thank you for the opportunity that you gave to me, to share my idea, to visualize it, as I learned a lot from you guys. #OMNIFLIX #IRISnetwork #Web3Dubai #Dubai #Blockchain #ConnectWeb3

In a landmark move to solidify the #UAE's position as a global hub for virtual assets, the Securities and Commodities Authority (SCA) and Dubai’s Virtual Assets Regulatory Authority [VARA] have signed a cooperation agreement. The agreement paves the way for the #SCA and #VARA to develop rules and procedures for licensing and supervising virtual asset service providers (VASPs) and related transactions. Read more: https://lnkd.in/d_vh8M3s Securities and Commodities Authority (SCA), Virtual Assets Regulatory Authority [VARA], Matthew White, Deepa Raja Carbon, Dr. Ayesha Binlootah, Cathal Burke #FintechNewsUAE #SCA #VARA #Partnership #Regulations #Framework #VirtualAssets #DigitalAssets #Crypto #DeFi #Blockchain #Web3 #CryptoCurrencies #Stablecoins #NFTs #CBDCs #Tech #Innovation #Fintech #OpenBanking #DigitalEconomy #FintechNews #UAEFintechNews #UAE #Dubai #MiddleEast

Elliptic, a global leader in #blockchain analytics and digital asset risk management, has announced the opening of its new regional headquarters in the United Arab Emirates (UAE 🇦🇪). This strategic move marks a significant milestone in Elliptic’s global expansion efforts and underscores the UAE’s growing prominence in digital asset regulation. Elliptic has also appointed Zahi Yaari as its new Chief Revenue Officer (CRO). Based in the #London office, Yaari will play a key role in scaling the company's revenue growth worldwide, particularly in the private sector. His appointment comes as Elliptic continues to expand its global #leadership team to meet increasing market demands. Read more: https://lnkd.in/dbQaJ3Mw Elliptic, Zahi Yaari, Simone Maini, Deepa Raja Carbon, Jonathan Rivers, Mark Aruliah, Chisom Okonmah, Tom Robinson, Jenny Ayre #FintechNewsUAE #Elliptic #CryptoCompliance #Blockchainanalytics #digitalassets #Web3 #Crypto #CryptoCurrency #Tokenization #DeFi #Fintech #UAE #GlobalExpansion #Tech #Innovation #UAEFintechNews #MiddleEast #MENA #London