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Cryptocurrency exchange Binance reported a security breach affecting an estimated $6.3 billion in digital assets, with roughly $3 billion frozen so far. A preliminary investigation suggests an attacker accessed internal systems via an engineer's laptop, though private keys were not compromised. The platform temporarily suspended deposits and withdrawals and pledged to cover all losses.
Assetize's trust entity has been registered by the Jersey Financial Services Commission under the Financial Services (Jersey) Law 1998. The setup allows UAE-regulated virtual asset service providers to administer and issue tokenised real-world assets through Jersey structures supported by Assetize's Dubai International Financial Centre technology arm. Jersey currently accounts for 27.4% of the global tokenised equities market by value as of September 2026.
The UAE Federal Tax Authority has integrated Tabby and Jaywan into its platform to expand payment options for taxpayers. The arrangement allows users to settle tax dues in installments of four to 12 months up to Dh20,000 through Tabby. The update also incorporates Jaywan, the UAE's domestic debit card scheme.
Sheikh Saud bin Saqr Al Qasimi met with Chinese Ambassador Zeng Jixin and Consul-General Ou Boqian in Ras Al Khaimah. The discussions reviewed a recent friendship agreement with Fujian Province and explored expanding ties with Guangdong Province.
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