As per reports, a French court granted Durov permission to leave the country on March 13, allowing him to travel to Dubai. The specifics of the court’s decision remain undisclosed, but the move has drawn attention given Dubai’s business-friendly environment and its lack of extradition agreements with several nations.
MGX, an AI-focused fund launched last year, is chaired by Sheikh Tahnoon bin Zayed al-Nahyan, the UAE’s national security adviser and a key figure in the country’s push for artificial intelligence-driven economic diversification.
Since establishing its Middle East headquarters in DIFC in 2020, Ripple has been expanding its footprint in the region. Currently, around 20% of its global customer base operates in the Middle East, a region noted for its high institutional readiness for crypto adoption.
With this deal, MoonPay’s financial services will extend to enterprise-grade stablecoin offerings, enabling businesses to accept cross-border stablecoin payments and hold multi-currency treasuries or yield-bearing assets, such as U.S. Treasury bills.
Speculation regarding PI’s listing on Binance has been a significant driver of investor enthusiasm. A Binance listing is often seen as a major milestone for any cryptocurrency, as it enhances liquidity and exposure to a broader investor base.
