The post Ripple Executive Reacts to BlackRock’s First Abu Dhabi Board Meeting appeared on BitcoinEthereumNews.com. High-level engagement Ripple’s history in the MENA region  BlackRock, one of the world’s largest asset managers, held its first board meeting in Abu Dhabi.  This shows that the financial behemoth is increasingly focused on the UAE and the broader Middle East, according to Ripple’s Reece Merrick.  The executive has implied that BlackRock’s increased focus in Abu Dhabi could create more avenues for Ripple’s business.  High-level engagement The meeting included UAE royalty and BlackRock CEO Larry Fink.  It focused on such areas as artificial intelligence (AI), advanced technologies, and reshaping global investments.  Abu Dhabi is clearly positioning itself as a global hub for innovation and finance, which aligns with Ripple’s strategy to expand in the region. Ripple’s history in the MENA region  Ripple has long seen the Middle East and North Africa (MENA) as a key region because of its large remittance corridors.  By 2021, RippleNet had already demonstrated strong transaction volume growth in the region.  The company also went on to establish its Middle East & Africa (MEA) regional office in Dubai International Financial Centre (DIFC).  In 2023, Ripple deepened its commitment by expanding its physical presence in Dubai and even bringing its annual “Swell” event to the city. Ripple also partnered with the DIFC Innovation Hub.  In March 2025, the San Francisco-headquartered company received a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the DIFC.  Source: https://u.today/ripple-executive-reacts-to-blackrocks-first-abu-dhabi-board-meetingThe post Ripple Executive Reacts to BlackRock’s First Abu Dhabi Board Meeting appeared on BitcoinEthereumNews.com. High-level engagement Ripple’s history in the MENA region  BlackRock, one of the world’s largest asset managers, held its first board meeting in Abu Dhabi.  This shows that the financial behemoth is increasingly focused on the UAE and the broader Middle East, according to Ripple’s Reece Merrick.  The executive has implied that BlackRock’s increased focus in Abu Dhabi could create more avenues for Ripple’s business.  High-level engagement The meeting included UAE royalty and BlackRock CEO Larry Fink.  It focused on such areas as artificial intelligence (AI), advanced technologies, and reshaping global investments.  Abu Dhabi is clearly positioning itself as a global hub for innovation and finance, which aligns with Ripple’s strategy to expand in the region. Ripple’s history in the MENA region  Ripple has long seen the Middle East and North Africa (MENA) as a key region because of its large remittance corridors.  By 2021, RippleNet had already demonstrated strong transaction volume growth in the region.  The company also went on to establish its Middle East & Africa (MEA) regional office in Dubai International Financial Centre (DIFC).  In 2023, Ripple deepened its commitment by expanding its physical presence in Dubai and even bringing its annual “Swell” event to the city. Ripple also partnered with the DIFC Innovation Hub.  In March 2025, the San Francisco-headquartered company received a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the DIFC.  Source: https://u.today/ripple-executive-reacts-to-blackrocks-first-abu-dhabi-board-meeting

Ripple Executive Reacts to BlackRock’s First Abu Dhabi Board Meeting

2025/11/24 15:03
  • High-level engagement
  • Ripple’s history in the MENA region 

BlackRock, one of the world’s largest asset managers, held its first board meeting in Abu Dhabi. 

This shows that the financial behemoth is increasingly focused on the UAE and the broader Middle East, according to Ripple’s Reece Merrick. 

The executive has implied that BlackRock’s increased focus in Abu Dhabi could create more avenues for Ripple’s business. 

High-level engagement

The meeting included UAE royalty and BlackRock CEO Larry Fink. 

It focused on such areas as artificial intelligence (AI), advanced technologies, and reshaping global investments. 

Abu Dhabi is clearly positioning itself as a global hub for innovation and finance, which aligns with Ripple’s strategy to expand in the region.

Ripple’s history in the MENA region 

Ripple has long seen the Middle East and North Africa (MENA) as a key region because of its large remittance corridors. 

By 2021, RippleNet had already demonstrated strong transaction volume growth in the region. 

The company also went on to establish its Middle East & Africa (MEA) regional office in Dubai International Financial Centre (DIFC). 

In 2023, Ripple deepened its commitment by expanding its physical presence in Dubai and even bringing its annual “Swell” event to the city.

Ripple also partnered with the DIFC Innovation Hub. 

In March 2025, the San Francisco-headquartered company received a license from the Dubai Financial Services Authority (DFSA) to offer regulated crypto payments in the DIFC. 

Source: https://u.today/ripple-executive-reacts-to-blackrocks-first-abu-dhabi-board-meeting

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U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam

The post U.S. Court Finds Pastor Found Guilty in $3M Crypto Scam appeared on BitcoinEthereumNews.com. Crime 18 September 2025 | 04:05 A Colorado judge has brought closure to one of the state’s most unusual cryptocurrency scandals, declaring INDXcoin to be a fraudulent operation and ordering its founders, Denver pastor Eli Regalado and his wife Kaitlyn, to repay $3.34 million. The ruling, issued by District Court Judge Heidi L. Kutcher, came nearly two years after the couple persuaded hundreds of people to invest in their token, promising safety and abundance through a Christian-branded platform called the Kingdom Wealth Exchange. The scheme ran between June 2022 and April 2023 and drew in more than 300 participants, many of them members of local church networks. Marketing materials portrayed INDXcoin as a low-risk gateway to prosperity, yet the project unraveled almost immediately. The exchange itself collapsed within 24 hours of launch, wiping out investors’ money. Despite this failure—and despite an auditor’s damning review that gave the system a “0 out of 10” for security—the Regalados kept presenting it as a solid opportunity. Colorado regulators argued that the couple’s faith-based appeal was central to the fraud. Securities Commissioner Tung Chan said the Regalados “dressed an old scam in new technology” and used their standing within the Christian community to convince people who had little knowledge of crypto. For him, the case illustrates how modern digital assets can be exploited to replicate classic Ponzi-style tactics under a different name. Court filings revealed where much of the money ended up: luxury goods, vacations, jewelry, a Range Rover, high-end clothing, and even dental procedures. In a video that drew worldwide attention earlier this year, Eli Regalado admitted the funds had been spent, explaining that a portion went to taxes while the remainder was used for a home renovation he claimed was divinely inspired. The judgment not only confirms that INDXcoin qualifies as a…
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BitcoinEthereumNews2025/09/18 09:14