Author: Emirates Insight

The largest bank in the United States continues its stride into DeFi innovation with TradFi roots, marking a partnership with two financial institutions. Improving Solid Foundations Marex Group Plc, a publicly traded financial services company listed on the NASDAQ (MRX), made an announcement last week regarding a collaboration with Brevan Howard Digital (BHD), a digital asset management division, to leverage J.P. Morgan’s Kinexys Digital Payments system for reduced risk and more efficient payments. Marex will be the first clearing company to utilize the blockchain deposit accounts of this system, streamlining its work with its client base. BHD joined Kinexys last year and has…

High winds, scorching heat, and dusty skies are on the horizon, here’s how to stay safe and comfortableBrace yourselves, Monday promises to bring extreme heat and blowing dust across the UAE. This is according to the National Centre of Meteorology’s (NCM) forecast. Forecasts show daytime temperatures hovering around 44 °C in coastal cities like Abu Dhabi, with gusty winds potentially reaching 40 km/h and stirring up thick dust clouds that will reduce visibility on roads and in public spaces. #المركز_الوطني_للأرصاد #الإمارات_العربية_المتحدة #حالة_الطقس #أمطار #ضباب #حالة_البحر #سرعة_الرياح #إتجاه_الرياح#NCM #UAE #officialuaeweather #weatherforecast #seastate #windspeed #winddirection #rain #fog pic.twitter.com/8e0YEPlee0 — المركز الوطني للأرصاد…

Dubai celebrated the 78th anniversary of Pakistan’s Independence Day with a major gathering at the Dubai Exhibition Centre, Expo City Dubai, attended by more than 60,000 people and featuring cultural performances, community recognition, and announcements to strengthen UAE–Pakistan ties. The event was held under the patronage of Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence, and attended by Faisal Niaz Tirmizi, Ambassador of Pakistan to the UAE, alongside diplomats, officials, business leaders, and members of the Pakistani community. Organised by the Emirates Loves Pakistan platform, in cooperation with the Pakistan Association Dubai and supported by Dubai Police,…

Flare, the EVM-compatible interoperative chain has unveiled its new product—a seedless wallet, along with some other upcoming plans. It is steadily increasing in user engagement, as evidenced by certain metrics. Shiny New Wallet In a press release shared with CryptoPotato, Flare announced the launch of its seedless, non‑custodial wallet Luminite. Turnkey’s embedded wallet technology was used to create Luminite, which allows users to set up their wallet using familiar sign-in methods such as passkeys, biometrics, or email, without needing to write down and store a seed phrase. Funds can be added via built-in fiat on‑ramp partners (including Topper) to purchase FLR, XRP,…

Bo Hines, who has led the Trump administration’s White House Crypto Council since December 2024, is stepping down to return to the private sector. During his tenure, Hines oversaw key policy initiatives, including the administration’s push for dedicated crypto regulations and the passage of the GENIUS Act, which established a framework for dollar-pegged stablecoins. Bo Hines Steps Aside The former college football player was appointed by President Donald Trump in December 2024 to lead the newly formed White House Crypto Council. The appointment followed Trump’s early-term executive order to establish the council as part of a broader plan to overhaul…

The MENA region needs to invest in the region’s youth and entrepreneur skills to address unemployment fears, according to a PwC report. PwC Middle East has released the new report to urge governments, educators, and businesses across the region to invest in entrepreneurial capabilities to empower MENA’s youth and address the region’s persistent 24 percent youth unemployment rate. Titled “Why entrepreneurial capabilities are key to empowering MENA’s youth,” the report underscores the importance of equipping young people with the mindsets, skills, and behaviours necessary for success in today’s innovation-driven economy. Back young MENA entrepreneurs says PwC With nearly half of…

Another week has come to a close, bringing massive changes to the Asian crypto landscape. From regulatory changes and bringing the heat to crypto scammers to raising capital, a lot has happened this week in the Asian crypto landscape. Here’s the top three rundown. UAE’s VARA And SCA Unite To Streamline Crypto Regulations Coming in hot from West Asia, Dubai’s Virtual Assets Regulatory Authority (VARA) and the UAE’s Securities and Commodities Authority (SCA) have collaborated to harmonise their approach towards crypto regulation. The regulatory bodies formalised their partnership after declaring their intention to work together in September last year. According…

The UAE has reinforced its position as a global leader in digital transformation, achieving top rankings in multiple international indices and setting new benchmarks for technology-driven growth. According to the United Nations E-Government Survey 2024, the UAE ranked first globally in the Telecommunications Infrastructure Index with a perfect score of 100 percent, reflecting the extensive reach and efficiency of its digital networks. In mobile internet performance, the UAE maintained its number one global ranking in the Speedtest Global Index from July 2024 to June 2025, with an average download speed of 546.14 Mbps in June — far ahead of its…

On August 9, Ethereum (ETH) did what it hadn’t done since last December: it breached the $4,000 mark and has held steady above $ 4,100. However, does the case present for it to be the best crypto to buy now? It climbed 6.38% throughout the day and at one point reached $4332, before sliding down to $4208, where it is currently trading EthereumPriceMarket CapETH$509.43B24h7d30d1yAll time What’s more, some crypto analysts are now anticipating ETH to climb back to its November 2021 all-time high of $4,878, making it the best crypto to buy now, with crypto trader Ted sharing on X…

Bitcoin is trading near $118,000 after reaching a new all-time high of $123,000 in July. Despite this strong price level, key data points indicate that its momentum is cooling, which could lead to a pause before any further upward movement. One such indicator is CryptoQuant’s Bull Score Index, which fell from 80 to 60 following the recent peak. The drop suggests the market has entered a bullish cooldown phase, where overall optimism remains but momentum has softened. Signs of a Cooling Market This slowdown aligns with seasonal trends, as summer months often bring lower trading volumes and reduced enthusiasm. According…