News

botim money & Binance Weigh UAE Path For Regulated Crypto Access

Talks between botim money and Binance test how crypto could sit inside a fast-growing UAE fintech stack.

Published

8 months ago

December 8, 2025

botim money and binance weigh uae path for regulated crypto access

botim money, one of the MENA region’s fastest-growing fintech platforms, has signed a Memorandum of Understanding (MoU) with cryptocurrency exchange Binance to examine whether crypto features can be slotted into the UAE-based super-app’s financial tools. The deal, sealed during Binance Blockchain Week in Dubai, marks botim’s latest push beyond messaging toward a fuller payments and investment layer.

The companies are studying how Binance’s digital-asset infrastructure might mesh with botim’s domestic and cross-border rails. The work starts with basic questions: what services can be offered under the UAE’s rulebook, and how to deliver them without creating risk for users already relying on the app for daily transfers.

Catherine Chen, Head of VIP & Institutional at Binance, said: “Crypto is no longer a niche asset class and it is increasingly becoming integrated into everyday financial services. Our collaboration with botim money to make digital assets accessible to botim’s tech-savvy customers exemplifies this shift”.

botim money’s pitch has long centered on users with thin links to the banking system. Crypto access, if approved, would extend that mission to communities seeking simpler ways to move or store value. Sacha Haider, Chief Strategy Officer at Astra Tech/botim, said the potential integration “allows us to build on this foundation and offer customers new ways to engage with the digital economy”.

Also Read: Cartlow Rolls Out Subscription Model For GCC Retail Platform

The UAE has carved out a regulatory lane for digital assets, drawing exchanges and fintechs into controlled experiments. That backdrop gives partnerships like this room to test consumer-facing products while regulators watch the perimeter.

If botim and Binance advance beyond this exploratory phase, the move would strengthen the region’s bid to root digital-asset activity in mainstream finance and add weight to botim’s regional fintech ambitions.

Related Topics:Binance Botim Money Cryptocurrency United Arab Emirates

Up Next

Noon And Yango Switch On Robot Deliveries In Dubai

Don't Miss

Kalshi Secures $1 Billion As Prediction Markets Race Heats Up

Click to comment

News

Samsung And Spotify Offer Free Premium Deal In MENA

Nearly seven in ten streams in the region come from 18-to-34-year-olds — the audience Samsung is hoping to entice into its ecosystem.

Published

6 days ago

August 7, 2026

Nour Nasir

Samsung

Samsung has announced a partnership with Spotify spanning the Middle East, North Africa, and Türkiye, bundling Spotify Premium with select devices across its ecosystem. The headline offer — up to four months of Premium for free — is a first for the region.

Customers in Saudi Arabia, the UAE, and Türkiye who buy any OLED or 98-inch television, or any Galaxy S or Z series mobile device, get four months of Spotify Premium. The offer, tiered by market and device, is available at retail and on Samsung.com, and redeemed through the Samsung Promotion and Samsung Members apps.

For Samsung, the strategy is less about free music than about lock-in. The Korean tech giant’s pitch is continuity: a track starts on a Galaxy smartphone through Galaxy Buds on the commute, moves to a Samsung TV and soundbar in the living room, and stays controllable from a Galaxy Watch. The more seamlessly music travels between those devices, the harder it becomes to swap any one of them for a rival’s.

“Technology should bring people closer to the things they love, and few things connect people the way music does,” said Omar Saheb, Regional VP of Marketing and Online Business at Samsung Electronics MENA. The partnership, he added, gives customers “a genuine reason to choose Samsung for the experience, not only the product”.

Also Read: Shokz OpenFit Pro Review: Open-Ear Audio Finally Grows Up

For subscribers, Premium brings the usual package: ad-free listening, offline downloads, richer audio quality on Galaxy Buds and Samsung sound devices, and Jam, which lets friends build a shared queue.

“At Spotify, we are always working to make every listening moment feel more personal, meaningful, and worth it,” said Rami Jamal, Head of Partnerships at Spotify for South Asia, Middle East, and Africa.

The demographics go a long way to explaining the strategy. Across MENA, Türkiye, and Pakistan, nearly seven in ten Spotify streams come from listeners aged 18 to 34, according to the company — precisely the audience Samsung wants inside its hardware ecosystem before buying habits harden.