M2 ADGM Announces a New, Secure and Seamless UAE Bank Account Integration for UAE Residents to Buy and Sell Virtual Assets

Abu Dhabi, United Arab Emirates, July 31st, 2024, Chainwire • M2 ADGM now accepts deposits and withdrawals from UAE bank accounts to purchase Bitcoin (BTC) and Ethereum (ETH) with United Arab Emirates’ Dirhams (AED) • The new integration from M2 ADGM, regulated by the Financial Services Regulatory Authority (FSRA) located in the ADGM, marks a significant milestone for the region’s adoption of virtual assets  M2 ADGM, a virtual asset custodian and a Multilateral Trading Facility regulated by the Financial Services…

Liminal Custody Secures Key ADGM FSP License, Reinforcing Leadership in Digital Asset Custody

Abu Dhabi, Abu Dhabi, May 14th, 2024, Chainwire Liminal Custody, a leading provider of digital asset custody and wallet infrastructure solutions, announced a landmark achievement today, the acquisition of Financial Services Permission (FSP) from the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). This prestigious license is a significant milestone in Liminal's journey, solidifying its commitment to regulatory compliance and innovation within the burgeoning digital asset space. Obtaining the FSP positions Liminal as a trusted partner for institutions…

UAE’s Klickl Secures ADGM Financial Services Permission, Revolutionizing Finance with Integrated Tradefi and Web 3.0

Dubai, United Arab Emirates, April 17th, 2024, Chainwire Klickl International, a forward-thinking provider of financial infrastructure based in Abu Dhabi, is pleased to announce its recent accomplishment of securing the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market. This achievement highlights Klickl's dedication to tackling challenges across the Web3.0 and virtual asset landscape by developing an integrated financial platform that harmoniously blends traditional finance (TradFi) with the expanding realm of cryptocurrency.…

Venom To Launch A Blockchain Hub With Kenyan Government

Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications. This collaboration aims to drive innovation in key sectors such as financial infrastructure, supply chain, agriculture, SMEs, and cross-border trade, benefiting Kenya and the entire African continent. More than 84% of the Kenyan population have access to financial services through banks and fintech. However, with the implementation of blockchain infrastructure as…

Venom Foundation Announces the Release of its Public Testnet

Venom, a Layer-1 blockchain that operates out of the Abu Dhabi Global Market (ADGM), today announced that its public testnet is officially live. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. Along with the testnet launch, Venom has also unveiled a host of in-house developed decentralized applications as part of its growing ecosystem. The testnet design suits both ecosystem users and developers. It enables developers to test and debug dApps and blockchain…