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Test Your Crypto Knowledge With BIC’s Weekly Quiz — April 3
This week has seen several big players in traditional finance making moves in the cryptocurrency space, including an established Wall Street bank, two global payment processors, and the world’s largest exchange. дальше »
2021-4-3 15:12
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ADA & DOT Get Another Push From FD7
The micro-fund will make annual investments between $1 million and $5 million across 50 companies specializing in developing ADA and DOT. Roughly 30% of these companies will receive secondary investment of $5 million to $20 million, depending on their growth, the announcement read. дальше »
2021-3-2 21:51
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DeFi, Islamic Finance, and Crypto Culture in the UAE
With the cryptocurrency and DLT space growing in the Islamic world, BeInCrypto explores the relationship between Islamic finance, DeFi and how local culture in the UAE is impacted. The post DeFi, Islamic Finance, and Crypto Culture in the UAE appeared first on BeInCrypto. дальше »
2021-3-1 17:11
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China and UAE Central Banks Join “Multiple CBDC Bridge Study” To Enhance Cross-Border Payments
The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock. дальше »
2021-2-25 15:06
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Dubai Government Department to Accept Bitcoin Payments
Entrepreneurs from around the world will now be able to set up and scale up more easily in Dubai and the United Arab Emirates (UAE), the country’s first English-language newspaper said. Kiklabb announced that customers can pay for services using some of the most popular cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Tether (USDT). дальше »
2021-2-18 22:50
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Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). дальше »
2021-2-17 12:30
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Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had met several technical, operational, and security requirements […] дальше »
2021-1-27 07:30
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Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. дальше »
2021-1-21 12:30
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Pre-Register Now on Aladdin Exchange to Receive 100 TNC Coins
PRESS RELEASE. UAE-based crypto exchange Aladdin opens its platform for pre-registered users. This digital asset exchange is the newest one in the cryptocurrency market. As part of its pre-launching event, the Aladdin Exchange team invites everyone to pre-register and refer people to join the crypto exchange before its official launching. By doing the pre-registration and […] дальше »
2021-1-17 20:00
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UAE: Leading Telecom Group Uses Blockchain in Human Resources
UAE firm Etisalat is tapping distributed ledger technology (DLT) to streamline HR operations. Firm Taps Blockchain to Ensure Legitimate Data According to a report by GDN Online, UAE-based telecom firm Etisalat recently announced a new initiative geared toward empowering employees with blockchain-enabled digital HR credentials. дальше »
2020-12-30 16:00
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Ripple opens regional office in Dubai following volatile Q3 for XRP
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system
дальше »2020-11-10 00:14
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Global Digital Industry Group Launches Mining Business Bitworld
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. дальше »
2020-9-17 08:00
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UAE Brings KYC Blockchain Platform for Customer Data Sharing
The United Arab Emirates (UAE) has launched its Know Your Customer (KYC) blockchain platform for the exchange of verified customer data. Dubai Economy and the country’s government-owned bank, Emirates NBD, announced a nationwide blockchain-based data platform on Tuesday. дальше »
2020-7-30 19:55
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Burj Khalifa Owner Emaar Group Plans Asset Tokenization on Hedera Hashgraph
Emaar Group, the Dubai construction giant and owner of famed Burj Khalifa, is adopting Hedera Hashgraph to pilot real-world tokenization projects, Ledger Insights reported July 4. Tokenizing Dubai Real Estate UAE-based construction firm EMAAR is planning to pilot a real estate tokenization project for its billion-dollar properties. дальше »
2020-7-5 23:00
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New UAE crypto exchange receives regulatory approval
DEX, a new UAE bitcoin and crypto Multilateral Trading Facility and Custodian, has now secured a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM) in the United Arab Emirates. дальше »
2020-7-2 19:03
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UAE Leverages Blockchain Technology to Flatten Corona Curve
Blockchain is finding its way into almost everything these days. From banking to medical insurance, to even growing flowers, the technology is positioned by most as a one-size-fits-all. Now, the ongoing COVID-19 pandemic is causing countries around the world to search for novel ways to curb the spread. дальше »
2020-5-21 14:00
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The UAE Turns to Blockchain to Address the COVID-19 Situation
Fighting the COVID-19 outbreak has proven to be incredibly difficult. Existing legacy systems are simply insufficient, which is why the UAE has high hopes for blockchain technology. Tracking a global pandemic is not doable with databases and other traditional tools. дальше »
2020-3-28 01:30
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UAE: Moody’s Rates Dubai’s KYC Blockchain Platform “Credit Positive”
According to a report by The National published on February 26, 2020, a recently formed consortium of six banks and licensing authorities in the UAE has been declared “credit positive” for lenders in the country by Moody’s Investors Service. дальше »
2020-2-27 18:00
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Dubai: Government Authorities and Siemens Organize Blockchain-Focused Seminars, Lectures
Dubai Electricity and Water Authority (DEWA) and Siemens recently delivered a series of seminars and lectures explaining the benefits of blockchain technology. This, according to a report by Middle East Utilities, January 20, 2020. дальше »
2020-1-20 18:00
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Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments
Huobi partnered with a real estate firm in the UAE to allow real estate investors to pay in cryptocurrencies like Bitcoin
дальше »2020-1-13 14:46
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US SEC Re-Opens Infamous Bitcoin Scammer Case
According to recent documents, the United States Securities and Exchange Commission (SEC) believes that the case against the serial Ponzi scammer, Renwick Haddow, has yet to be properly solved. The United States SEC does not appear to be satisfied with the New York Southern District Court judge’s decision regarding the case against Renwick Haddow. дальше »
2019-12-9 13:45
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‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail
A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent cryptocurrency, billed as the “Bitcoin of the Middle East”
дальше »2019-11-1 11:49
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Blockchain Registers for Recording Ownership Rights Around the World
Which companies all around the world are using blockchain in real estate?
дальше »2019-10-27 17:59
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Dubai Unveils Ethereum and Hyperledger-Powered Business Registry Platform
Dubai authorities have announced the launch of a Unified Business Registry Platform (UBRP) built on Hyperledger fabric and the Ethereum enterprise blockchain. The primary objective of the UBRP is to introduce a better regulation model and enable license issuers to seamlessly manage their trade licenses and corporate registries, reports Saudi Gazette on October 7, 2019. дальше »
2019-10-9 01:00
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UAE’s Social Ministry to Grant $16K in Blockchain Contest
The UAE Ministry of Community Development will host a blockchain contest with a total prize fund of $16,300
дальше »2019-10-7 23:50
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United Arab Emirates Ministry of Health Launches Blockchain System
UAE’s Ministry of Health and Prevention launched a blockchain system for recording and sharing information of healthcare workers in health facilities
дальше »2019-9-19 15:34
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UAE Initiates Blockchain Strategy, Launches Distributed Database of Medical Professionals
As part of the Emirates Blockchain Strategy 2021, the UAE has announced a blockchain-based database for information assessment of medical professionals, including doctors, pharmacists, and technicians. дальше »
2019-9-19 15:00
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Gold-Based Cryptocurrency to Go Live in the UAE
Golden M Group, a firm based in the United Arab Emirates has announced plans to launch Coin M, a gold-backed, distributed ledger technology (DLT) powered virtual currency that would enable high income as well as low income level investors to purchase the crypto asset and double their investment within a year, reports Arabian Business onRead MoreRead More. дальше »
2019-9-9 19:00
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Abu Dhabi Commercial Bank Integrates Trade Finance Blockchain
One of the UAE’s largest banks has adopted a blockchain bookkeeping platform of physical trade from Singapore-based firm dltledgers, according to Ledger Insights, September 3, 2019. The first transaction was the movement of goods worth $6. дальше »
2019-9-5 23:00
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Crypto-exchange Bitbns launches trading services in the UAE using AED
Noted cryptocurrency exchange, Bitbns, is in the news after it announced yesterday that traders in the UAE would be able to buy and sell on the platform using AED (United Arab Emirates Dirham). We know you all have been waiting for this moment for so long; so have we. дальше »
2019-9-1 21:30
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Dubai: Five Major Insurers Adopt Blockchain-Based InsurTech Solution
According to a press release dated August 7, UAE-based InsurTech company Addenda is adding five more insurance companies to its customer portfolio. The firm hosts a platform that allows insurers to manage claims and other insurance processes via the blockchain. дальше »
2019-8-8 21:00
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Bitcoin the best shot at holding sound money, says Indian crypto-exchange CEO as he announces UAE launch
Bitcoin would be your best shot, if you want to hold sound money, noted the CEO of India’s Bitbns exchange, Gaurav Dahake. In an interview with CoinCrunch India, Dahake spoke about the importance Bitcoin holds in the world. дальше »
2019-7-21 00:30
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Dubai Turns to Blockchain Technology for Environmental Conservation
The Dubai Electricity and Water Authority (DEWA) has trained the fourth batch of participants of the Carbon Ambassadors Programme on distributed ledger technology (DLT) and other new technologies. The initiative is aimed at equipping participants with the critical skills needed to utilize blockchain technology in environmental conservation programs and more, reports Middle East Utilities onRead MoreRead More. дальше »
2019-7-9 19:00
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UAE Targets Digital Payments Adoption, First Abu Dhabi Bank Partners with MoneyGram
First Abu Dhabi Bank (FAB) has released Payit, a digital wallet that allows for P2P transfer and international remittances at cheap costs and fast processing time. The bank has also tied up with MoneyGram, which recently had a ten percent stake bought out by Ripple Inc. дальше »
2019-7-2 23:00
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Bitcoin Fraudsters Dupe Thousands of UAE Citizens With Crown Prince Scam
Facebook has taken down a sponsored post scammers shared with hundreds of thousands of unsuspecting users. The fraudsters used the post to attract victims to a fake bitcoin trading platform they marketed with Sheikh Mohamed bin Zayed, the Crown Prince of Abu Dhabi and Deputy Supreme Commander of the Armed Forces. дальше »
2019-6-30 10:06
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WBF cooperation with Dubai Blockchain Center
Special offer for our readers for one of the biggest events in Asia “World Blockchain Forum Singapore & World Blockchain Award·Asia” on 22nd – 23rd June 2019. On May 10th, 2019, “The Global Blockchain Promulgation Pioneer”—WBF World Blockchain Forum had officially released a strategic cooperation with Dubai Blockchain Center, being committed to assist and facilitate […] дальше »
2019-5-22 17:08
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BitOasis Ready to Become First Licensed Middle Eastern Bitcoin Exchange
BitOasis is set to become the first regulated bitcoin exchange in the entire Arab world following preliminary approval from regulators in the United Arab Emirates (UAE), Bloomberg reports May 12, 2019. дальше »
2019-5-15 01:00
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UAE Overtakes the U.S. as the Preferred Nation to Conduct Digital Token Sales
According to April 29, 2019, article published by Bloomberg, the United Arab Emirates (UAE) has eclipsed the U. S. as the world’s crypto capital. The UAE Outshines the US Towards the end of the rollercoaster ride that was 2018, the majority of crypto enthusiasts opined that 2019 could be a make or break year for theRead MoreRead More. дальше »
2019-4-30 12:00
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Dubai: Largest Bitcoin Luxury Real Estate Project Put on Hold
The Aston Plaza in Dubai, the first real estate project to be sold in Bitcoin, has reportedly hit a regulatory “snag” as authorities have called the promoters past business ventures into question. дальше »
2019-4-30 11:32
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United Arab Emirates to Host Blockchain Aviation Conference in Abu Dhabi
Abu Dhabi is gearing up to host a blockchain conference dedicated to the aviation industry this week
дальше »2019-4-1 15:53
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Chairman of UAE Banks Federation Bullish On Crypto, Developing Necessary Frameworks for the Industry
On Monday, March 17, 2019, the United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM)… The post Chairman of UAE Banks Federation Bullish On Crypto, Developing Necessary Frameworks for the Industry appeared first on Invest In Blockchain. дальше »
2019-3-19 07:24
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Dubai Real Estate Giant Emaar to Launch ETH Token, Considers ICO in Europe
A token launch has been announced by Dubai-based real estate giant Emaar, which is also considering launching an ICO in Europe
дальше »2019-3-12 17:40
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UAE Bullish for Crypto, Records $210M Investment in January and February 2019
According to the reports published by Icobench, the United Arab Emirates has been the #1 country in ranking by… The post UAE Bullish for Crypto, Records $210M Investment in January and February 2019 appeared first on Invest In Blockchain. дальше »
2019-3-9 13:55
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Siemens, Commerzbank and Continental Complete Successful Blockchain Pilot
A pilot for a money market security was recently completed between Commerzbank, Siemens, and Continental which reduces the time take for the clearing of funds. This according to a press release, February 21, 2019, A Good First Run Blockchain was recently utilized to conduct a money market security transaction pilot. дальше »
2019-2-26 20:00
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UAE’s Largest Real Estate Firm Emaar Denies Reports That It Accepts Crypto: Bloomberg
The UAE’s largest real estate development firm, Emaar Properties, has denied reports it enabled crypto payments for property
дальше »2019-2-22 22:47
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In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding
In this edition of The Daily we cover a number of developments related to different cryptocurrency exchanges. A report shows that Quadriga has “lost” another half a million dollars, Bithumb is expanding its reach to the UAE, and Coinbase has launched a controversial new cloud backup service. дальше »
2019-2-13 12:40
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Two Remittance Firms Go Live With Ripple-Based Payments to Thailand
Remittance firms UAE Exchange and Unimoni now offer blockchain-based payments to Thailand using RippleNet. дальше »
2019-2-11 18:00
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Dubai’s Royal Sheikh Invests in Lichtenstein Based Crypto-Fund
Dubai Royal, His Highness Ahmed bin Saeed Al Maktoum, confirmed he will back Lichtenstein based cryptocurrency fund Invao as it seeks to strengthen its positions in the United Arab Emirates (UAE), as per a report from Arabian Business, February 5, 2019. дальше »
2019-2-7 18:00
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UAE and Saudi Arabia Announce Joint cryptocurrency ‘Aber’
The UAE and Saudi Arabian governments have revealed Aber, their joint Cryptocurrency which will soon begin its trial run in a number of selected banks in both countries. The announcement was published by Saudi Arabian Monetary Authority, January 29, 2019. дальше »
2019-2-1 23:01
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Man in UAE Gets Robbed 3,000 BTC and 6 Million In Local Currencies
Seccour, a Self-proclaimed Bitcoiner, and Crypto-anarchist on January 27 alleged that three men robbed his friend in Oman, an Arab country. According to him, the robbers made away with over 3,000 BTC, 6 million AED, physical BTC, and some paintings. дальше »
2019-1-30 22:23
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