AMINA Bank’s Post

🏦 The UAE-based Commercial Bank of Dubai (CBD) has launched dedicated accounts for virtual asset service providers (VASPs) to manage client funds and meet regulatory prudential requirements, according to Bitcoin.com. This initiative aims to enhance the UAE's position as a global hub for virtual assets and foster the growth of the emirate’s digital economy, highlighted by the bank's CEO Bernd van Linder. #BitcoinWorld 🌍🔗

If you were told that you could make more money investing in UAE IPOs than in the S&P500 index, you likely wouldn't believe it. The good news is that you don't need belief when the facts are on your side. Calculating a time-weighted investment of AED 1,000 in every one of the UAE IPOs since Multiply Group debuted in 2021 reveals that the total return as of today would come out to 192.48% (including both capital gains and dividends). Applying the same methodology but instead investing AED 1,000 in the S&P500 index on each of the UAE IPO dates would have yielded a total return of 177.71%. It seems that the buzz around the UAE's primary capital markets are well founded. #uae #dubai #adx #dfm #abudhabi #capitalmarkets #capital #market #stock #shares #financialmarket #finance #business #economy #economics #ipo #equity #equitymarket #money #value #phoenixgroup #cryptocurrency #bitcoin #crypto #shareholder #gains #growth #investment #investing #blockchain #ai #kingdollar #foreignmarkets #federalreserve #interestrate #fiscalpolicy #monetarypolicy #tech #yield #stockpicks #dollarindex #interestrate #forex #currencies #inflation #commodities #tradeideas #credit #gcc #familyoffice #earning #banking #power #currencies #recession #talabat #delivery #hero #ipo #salik #dewa #empower #lulu #bayant #borouge #adnoc #fertiglobe #spinneys #investcorp #parkin

The fintech landscape in the MENA region continues to evolve rapidly, driven by strategic partnerships and innovative solutions. In this edition of #NewswithLeanTech, we explore key developments that highlight how digital transformation and financial inclusion are shaping the future of finance in the region and beyond. ✨ Ripple secures Dubai Financial Services Authority (DFSA) approval to expand from DIFC, becoming the first licensed blockchain payment provider to offer cross-border solutions in the UAE. 🤝 Magnati partners with Wio Bank to provide fast business financing with automated EMI deductions, supporting the UAE’s economic growth goals. 💼 Warba Bank co-managed Qatar International Islamic Bank’s $300 million Sukuk and led Arada’s $150 million Sukuk Tap, both attracting strong global investor demand. 🔗 ATME, a Bahrain-regulated digital assets exchange, launches to tokenise real-world assets, offering businesses new capital-raising and investment opportunities. 💳 RAKBANK and Magnati launch a merchant financing platform for SMEs, offering loans and credit facilities powered by real-time POS data. The edition also features the likes of BankDhofar Valu TrueLayer Qatar Central Bank Central Bank of Oman

💡List of crypto friendly banks in the UAE 🇦🇪 Big “thank you” to Zana Jablan Musa for the support and find below the crypto-friendly banks: 👇 Commercial Bank of Dubai Emirates NBD Zand Mashreq RAKBANK 🚩 Above mentioned banks can open corporate bank accounts for Virtual Asset Service Providers (VASPs) with Virtual Assets Regulatory Authority (VARA) initial approval. For custody & client accounts, crypto companies need a No Objection Certificate (NOC) from the Central Bank. The NOC can be obtained after receiving a Full Market Product license, which is the final stage of the regulatory process. 🚀 Additionally, I want to mention that both AMINA Bank and Sygnum Bank have Abu Dhabi Global Market (ADGM) licensed subsidiaries in Abu Dhabi. Finally, I have heard about very positive experiences with Wio Bank. ✅ Like and/or comment below if you need help with an intro to the crypto-friendly banks listed above. 🙏 Share with your network to get the word out and support the crypto ecosystem. #uae #dubai #abudhabi #crypto #friendly #bank #web3 #vasp #vara Follow 👉 Anton Golub & share ♻️ with your network

Mr. Mishra’s interview highlights the UAE’s forward-thinking approach to stablecoins and digital currency regulation. Stablecoins like USDT and USDC are currently USD-based, but the UAE is positioning itself as a leader in this space with upcoming local regulations. By mid-2025, the UAE expects to roll out a framework that promotes a UAE-backed stablecoin instead of the USD. Dubai’s government is already planning to limit USD transactions, encouraging a shift to local stablecoin use. Discover more about the UAE’s unique approach to digital assets by watching the entire interview. . . . #finjuris #StablecoinRegulation #UAECrypto #DigitalCurrency #UAE #USDT #USDC #DubaiFinance #DigitalEconomy #BlockchainRegulation #Regulation 

🔍 Exploring Stablecoins, Traditional Finance, and US Monetary Policy: Key Insights from BIS Working Papers No 1219 🔍 This report dives into the intricate relationship between stablecoins, money market funds, and US monetary policy, offering crucial takeaways for the evolving financial landscape. Key Highlights: 1. Limited Contagion to Traditional Finance: Major events like the collapse of TerraUSD/Luna had minimal impact on traditional markets. 2. Stablecoins Are Vulnerable: These assets are highly sensitive to crypto market volatility and tightening of US monetary policy. 3. US Monetary Policy as the Key Link: Policy shifts in the US influence capital flows between stablecoins and money market funds, significantly affecting the broader crypto ecosystem. Why This Matters: These findings highlight the growing importance of regulatory oversight as stablecoins become more integrated with the financial system. Ensuring stability is critical for both monetary policy effectiveness and financial stability. 💬 What are your thoughts on how stablecoins will impact the future of finance? For inquiries about licensing virtual assets activities in Dubai or Abu Dhabi, feel free to contact us: 📩 [email protected] #Stablecoins #Crypto #Finance #USMonetaryPolicy #FinancialStability #VirtualAssets #Dubai #VARA #ADGM #CryptoRegulation

With Bitcoin hitting record highs after Trump’s 2024 election victory, UAE investors are celebrating some massive wins! 📈💰 Did you know? Bitcoin has surged over 22% in just one week, smashing past $82,000! Many early investors in Dubai and Abu Dhabi are seeing their portfolios skyrocket—some even becoming millionaires! 💸💸 Here’s the kicker: Dubai’s real estate market is feeling the excitement too! As more crypto profits roll in, investors are looking to diversify by investing right here in Dubai’s booming property market! 🏙️📊 So, if you’re ready to ride the wave, now’s the time! Follow us for more on how crypto gains are fueling luxury real estate opportunities in Dubai! #DubaiRealEstate #CryptoMillionaires #CreatorSearchInsight #viral #ForYourPage #fyp #BitcoinBoom #InvestInDubai 🏠🚀💼

After almost 2 years, the UAE is officially off the list! This is a huge win for the UAE's financial sector and a testament to the hard work of multiple regulators and the Central Bank. 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀 𝗼𝗳 𝗯𝗲𝗶𝗻𝗴 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗿𝗲𝘆 𝗟𝗶𝘀𝘁 𝗼𝗳 𝗙𝗔𝗧𝗙: Crypto founders in listed countries face increased costs, difficulty securing investments, and operational challenges. 𝗪𝗵𝗮𝘁 𝗱𝗼𝗲𝘀 𝗶𝘁 𝗺𝗲𝗮𝗻 𝗳𝗼𝗿 𝗨𝗔𝗘 𝗖𝗿𝘆𝗽𝘁𝗼? ✅Enhanced reputation: The UAE's removal improves its standing in the global financial world. ✅Boosted investor confidence: Investors will be more likely to invest due to a more secure and transparent environment. ✅Easier access to global markets: Removal removes potential barriers to entering international markets. ✅Support for innovation and growth: This move creates a more favorable environment for innovation within the UAE's crypto ecosystem. Congratulations to everyone in the UAE! Let's keep building! #UAE #Crypto #Innovation

Stablecoins are gaining ground in Saudi Arabia. Here's why it matters: 1. Economic stability: Offers a hedge against volatility 2. Cross-border transactions: Faster, cheaper remittances 3. Digital innovation: Catalyst for fintech growth Fun fact: Saudi Arabia, UAE, and Turkey show higher stablecoin volume shares compared to other assets. This shift signals a maturing crypto market and growing sophistication among users. As regulators craft frameworks balancing innovation and protection, we're witnessing the birth of a new financial era. What role do you think stablecoins will play in Saudi's economic future? #Stablecoins #SaudiFintech #CryptoRegulation

make a simple journal with OKX