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Nalezeno "uae cryptocurrency": 14

Standard Chartered’s SC Ventures Partners With SBI to Establish Digital Asset Joint Venture in UAE

11.11.2023
Standard Chartered’s ventures arm, SC Ventures, and Japanese conglomerate SBI Holdings are collaborating to establish a digital asset joint venture in the United Arab Emirates (UAE). “The joint venture will focus on investing in companies across the digital assets spectrum including...

Dubai Financial Authority Approves XRP as ‘Recognized Crypto Token’

4.11.2023
Dubai’s financial regulator, the Dubai Financial Services Authority, has approved XRP as a recognized crypto token for use within the Dubai International Financial Centre (DIFC), a special economic zone. “Licensed virtual asset firms within the DIFC will now be able to incorporate...

ByBit’s MVP license in Dubai ‘very restricted,’ CEO says

27.6.2023
Once fully licensed in Dubai, Bybit plans to run a full-scope exchange, offering crypto lending, payments, investment and other services

Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says

24.1.2023
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto...

Germany leaves the US behind in top crypto economies in Q3: Report

17.10.2022
The United States, which was the joint top-ranked crypto economy last quarter along with Germany, fell to seventh place in the rankings

Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments

12.4.2022
An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from...

Dubai Approves First Law to Regulate Digital Assets, Establishes Regulator to Oversee Crypto Sector

11.3.2022
Dubai has adopted its first law to regulate the crypto sector. It has also established a dedicated regulator to oversee crypto activities and related service providers. Crypto Sector Regulated in Dubai The emirate of Dubai has adopted its first law to regulate crypto assets and established...

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards

19.2.2022
The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region....

State-Owned Investment Giant Mubadala Invests In Crypto, Blockchain-Based Ecosystem

13.12.2021
In a move that could potentially inject billions of dollars into the global crypto markets, Abu Dhabi’s leading state-owned holding Mubadala Investment Company is acknowledging it has started to invest its assets in cryptocurrencies and their surrounding blockchain-based ecosystem. ... Read...

UAE Central Bank Unveils Plan to Launch Digital Currency

14.7.2021
The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks. A growing number of central banks worldwide are working to launch central bank digital currencies (CBDCs)....

Global Digital Industry Group Launches Mining Business Bitworld

17.9.2020
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. GDIG has appointed...