The post Dubai Pilots Crypto Pay; Binance Gets ADGM License appeared on BitcoinEthereumNews.com. MoU explores crypto payments to improve Dubai’s trade and customs efficiency. Binance Pay may be tested for faster and cheaper transaction handling. Dubai strengthens its lead in global blockchain innovation and adoption. The United Arab Emirates (UAE) executed a synchronized expansion of its digital asset infrastructure this week, moving to integrate cryptocurrency into sovereign trade rails while cementing Binance’s regulatory status. In an agreement signed at Binance Blockchain Week, Dubai Customs signed a new memorandum of understanding with Binance. The partnership will focus on studying how digital asset payments could be used in Dubai’s trade and customs systems.  Related: Eric Trump’s Wealth Surges With His Family-Backed Crypto Companies Officials said the partnership fits into Dubai’s plan to upgrade government services with modern technology and work more closely with private companies. The MoU was signed by Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE, with officials from both sides attending the ceremony. Exploring Digital Payments in Trade Dubai Customs has already moved many of its processes to smart and automated platforms. This new agreement will allow both teams to look at whether crypto-based payments can help make trade faster and more efficient. Binance’s digital payment tools, such as Binance Pay, may be tested to see if they can help reduce delays and lower transaction costs. Richard Teng, CEO of Binance, said: “We are proud to collaborate with Dubai Customs, a government entity recognized globally for adopting modern technologies.” Abu Dhabi Grants ‘Full Suite’ Legitimacy to Binance Additionally, Binance has become the first crypto exchange in the world to receive a full global license under Abu Dhabi’s ADGM regulatory framework, allowing it to legally operate Binance.com.  Major milestone 🏁#Binance is the first-ever digital assets trading platform to secure a full suite of licenses from… The post Dubai Pilots Crypto Pay; Binance Gets ADGM License appeared on BitcoinEthereumNews.com. MoU explores crypto payments to improve Dubai’s trade and customs efficiency. Binance Pay may be tested for faster and cheaper transaction handling. Dubai strengthens its lead in global blockchain innovation and adoption. The United Arab Emirates (UAE) executed a synchronized expansion of its digital asset infrastructure this week, moving to integrate cryptocurrency into sovereign trade rails while cementing Binance’s regulatory status. In an agreement signed at Binance Blockchain Week, Dubai Customs signed a new memorandum of understanding with Binance. The partnership will focus on studying how digital asset payments could be used in Dubai’s trade and customs systems.  Related: Eric Trump’s Wealth Surges With His Family-Backed Crypto Companies Officials said the partnership fits into Dubai’s plan to upgrade government services with modern technology and work more closely with private companies. The MoU was signed by Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE, with officials from both sides attending the ceremony. Exploring Digital Payments in Trade Dubai Customs has already moved many of its processes to smart and automated platforms. This new agreement will allow both teams to look at whether crypto-based payments can help make trade faster and more efficient. Binance’s digital payment tools, such as Binance Pay, may be tested to see if they can help reduce delays and lower transaction costs. Richard Teng, CEO of Binance, said: “We are proud to collaborate with Dubai Customs, a government entity recognized globally for adopting modern technologies.” Abu Dhabi Grants ‘Full Suite’ Legitimacy to Binance Additionally, Binance has become the first crypto exchange in the world to receive a full global license under Abu Dhabi’s ADGM regulatory framework, allowing it to legally operate Binance.com.  Major milestone 🏁#Binance is the first-ever digital assets trading platform to secure a full suite of licenses from…

Dubai Pilots Crypto Pay; Binance Gets ADGM License

2025/12/08 17:11
  • MoU explores crypto payments to improve Dubai’s trade and customs efficiency.
  • Binance Pay may be tested for faster and cheaper transaction handling.
  • Dubai strengthens its lead in global blockchain innovation and adoption.

The United Arab Emirates (UAE) executed a synchronized expansion of its digital asset infrastructure this week, moving to integrate cryptocurrency into sovereign trade rails while cementing Binance’s regulatory status.

In an agreement signed at Binance Blockchain Week, Dubai Customs signed a new memorandum of understanding with Binance. The partnership will focus on studying how digital asset payments could be used in Dubai’s trade and customs systems. 

Related: Eric Trump’s Wealth Surges With His Family-Backed Crypto Companies

Officials said the partnership fits into Dubai’s plan to upgrade government services with modern technology and work more closely with private companies.

The MoU was signed by Dr. Abdulla Busenad, Director General of Dubai Customs, and Stephanie Emile, General Manager of Binance FZE, with officials from both sides attending the ceremony.

Exploring Digital Payments in Trade

Dubai Customs has already moved many of its processes to smart and automated platforms. This new agreement will allow both teams to look at whether crypto-based payments can help make trade faster and more efficient. Binance’s digital payment tools, such as Binance Pay, may be tested to see if they can help reduce delays and lower transaction costs.

Richard Teng, CEO of Binance, said: “We are proud to collaborate with Dubai Customs, a government entity recognized globally for adopting modern technologies.”

Abu Dhabi Grants ‘Full Suite’ Legitimacy to Binance

Additionally, Binance has become the first crypto exchange in the world to receive a full global license under Abu Dhabi’s ADGM regulatory framework, allowing it to legally operate Binance.com. 

The approval includes three separate licenses for trading, clearing, custody, and brokerage, making Binance’s setup similar to traditional financial markets.

Why Dubai Is Ahead in Blockchain

Dubai has quickly become one of the world’s most active centers for blockchain and digital-asset development. 

Another example of Dubai’s commitment is the planned Crypto Tower, set to open in 2027. It is designed specifically for the blockchain industry, with floors dedicated to crypto startups, incubators, VCs, and AI projects. It will also feature event spaces, an NFT art gallery and a secure vault.

Simply put, Dubai has rolled out the “digital red carpet,” and the global crypto community has taken notice.

Related: US Prosecutors Push for 12-Year Sentence as Do Kwon’s Terra Case Nears Final Judgment

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/dubai-customs-pilots-crypto-for-trade-duties-as-binance-secures-global-first-adgm-license/

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025

BitcoinWorld Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 Are you ready to witness a phenomenon? The world of technology is abuzz with the incredible rise of Lovable AI, a startup that’s not just breaking records but rewriting the rulebook for rapid growth. Imagine creating powerful apps and websites just by speaking to an AI – that’s the magic Lovable brings to the masses. This groundbreaking approach has propelled the company into the spotlight, making it one of the fastest-growing software firms in history. And now, the visionary behind this sensation, co-founder and CEO Anton Osika, is set to share his invaluable insights on the Disrupt Stage at the highly anticipated Bitcoin World Disrupt 2025. If you’re a founder, investor, or tech enthusiast eager to understand the future of innovation, this is an event you cannot afford to miss. Lovable AI’s Meteoric Ascent: Redefining Software Creation In an era where digital transformation is paramount, Lovable AI has emerged as a true game-changer. Its core premise is deceptively simple yet profoundly impactful: democratize software creation. By enabling anyone to build applications and websites through intuitive AI conversations, Lovable is empowering the vast majority of individuals who lack coding skills to transform their ideas into tangible digital products. This mission has resonated globally, leading to unprecedented momentum. The numbers speak for themselves: Achieved an astonishing $100 million Annual Recurring Revenue (ARR) in less than a year. Successfully raised a $200 million Series A funding round, valuing the company at $1.8 billion, led by industry giant Accel. Is currently fielding unsolicited investor offers, pushing its valuation towards an incredible $4 billion. As industry reports suggest, investors are unequivocally “loving Lovable,” and it’s clear why. This isn’t just about impressive financial metrics; it’s about a company that has tapped into a fundamental need, offering a solution that is both innovative and accessible. The rapid scaling of Lovable AI provides a compelling case study for any entrepreneur aiming for similar exponential growth. The Visionary Behind the Hype: Anton Osika’s Journey to Innovation Every groundbreaking company has a driving force, and for Lovable, that force is co-founder and CEO Anton Osika. His journey is as fascinating as his company’s success. A physicist by training, Osika previously contributed to the cutting-edge research at CERN, the European Organization for Nuclear Research. This deep technical background, combined with his entrepreneurial spirit, has been instrumental in Lovable’s rapid ascent. Before Lovable, he honed his skills as a co-founder of Depict.ai and a Founding Engineer at Sana. Based in Stockholm, Osika has masterfully steered Lovable from a nascent idea to a global phenomenon in record time. His leadership embodies a unique blend of profound technical understanding and a keen, consumer-first vision. At Bitcoin World Disrupt 2025, attendees will have the rare opportunity to hear directly from Osika about what it truly takes to build a brand that not only scales at an incredible pace in a fiercely competitive market but also adeptly manages the intense cultural conversations that inevitably accompany such swift and significant success. His insights will be crucial for anyone looking to understand the dynamics of high-growth tech leadership. Unpacking Consumer Tech Innovation at Bitcoin World Disrupt 2025 The 20th anniversary of Bitcoin World is set to be marked by a truly special event: Bitcoin World Disrupt 2025. From October 27–29, Moscone West in San Francisco will transform into the epicenter of innovation, gathering over 10,000 founders, investors, and tech leaders. It’s the ideal platform to explore the future of consumer tech innovation, and Anton Osika’s presence on the Disrupt Stage is a highlight. His session will delve into how Lovable is not just participating in but actively shaping the next wave of consumer-facing technologies. Why is this session particularly relevant for those interested in the future of consumer experiences? Osika’s discussion will go beyond the superficial, offering a deep dive into the strategies that have allowed Lovable to carve out a unique category in a market long thought to be saturated. Attendees will gain a front-row seat to understanding how to identify unmet consumer needs, leverage advanced AI to meet those needs, and build a product that captivates users globally. The event itself promises a rich tapestry of ideas and networking opportunities: For Founders: Sharpen your pitch and connect with potential investors. For Investors: Discover the next breakout startup poised for massive growth. For Innovators: Claim your spot at the forefront of technological advancements. The insights shared regarding consumer tech innovation at this event will be invaluable for anyone looking to navigate the complexities and capitalize on the opportunities within this dynamic sector. Mastering Startup Growth Strategies: A Blueprint for the Future Lovable’s journey isn’t just another startup success story; it’s a meticulously crafted blueprint for effective startup growth strategies in the modern era. Anton Osika’s experience offers a rare glimpse into the practicalities of scaling a business at breakneck speed while maintaining product integrity and managing external pressures. For entrepreneurs and aspiring tech leaders, his talk will serve as a masterclass in several critical areas: Strategy Focus Key Takeaways from Lovable’s Journey Rapid Scaling How to build infrastructure and teams that support exponential user and revenue growth without compromising quality. Product-Market Fit Identifying a significant, underserved market (the 99% who can’t code) and developing a truly innovative solution (AI-powered app creation). Investor Relations Balancing intense investor interest and pressure with a steadfast focus on product development and long-term vision. Category Creation Carving out an entirely new niche by democratizing complex technologies, rather than competing in existing crowded markets. Understanding these startup growth strategies is essential for anyone aiming to build a resilient and impactful consumer experience. Osika’s session will provide actionable insights into how to replicate elements of Lovable’s success, offering guidance on navigating challenges from product development to market penetration and investor management. Conclusion: Seize the Future of Tech The story of Lovable, under the astute leadership of Anton Osika, is a testament to the power of innovative ideas meeting flawless execution. Their remarkable journey from concept to a multi-billion-dollar valuation in record time is a compelling narrative for anyone interested in the future of technology. By democratizing software creation through Lovable AI, they are not just building a company; they are fostering a new generation of creators. His appearance at Bitcoin World Disrupt 2025 is an unmissable opportunity to gain direct insights from a leader who is truly shaping the landscape of consumer tech innovation. Don’t miss this chance to learn about cutting-edge startup growth strategies and secure your front-row seat to the future. Register now and save up to $668 before Regular Bird rates end on September 26. To learn more about the latest AI market trends, explore our article on key developments shaping AI features. This post Lovable AI’s Astonishing Rise: Anton Osika Reveals Startup Secrets at Bitcoin World Disrupt 2025 first appeared on BitcoinWorld.
Share
Coinstats2025/09/17 23:40