Banks and Cryptocarrens Global Assessment: Middle East

Banks and Cryptocarrens Global Assessment: Middle East
фото показано с : bitcoints.com

2018-6-14 15:27

As many advocate to replace the U.S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics.
In fact, President Nicolas Maduro of Venezuela called on all 14 OPEC nations to develop a platform for trading oil-backed cryptocurrencies.
The following assessment of cryptocurrency regulation in the Middle East is a part of a larger series of pieces evaluating regulation of the flourishing global fintech industry.
Notably, a gold investment and trading firm in Dubai is the first company licensed to store virtual currency in the Middle East.
A Dubai-based entrepreneur, Com Mirza, launched the Islam-friendly “Bitcoin of the Middle East,” or Habibi Coin in late 2017.

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24