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Analyzing and Redefining Financial Tech in the Middle East at MarketsandMarkets Fintech and Blockchain UAE Virtual Summit
1.2.2021
January 23.01.2021 –The ‘MarketsandMarkets Fintech and Blockchain UAE Virtual Summit’ is scheduled to take place on March 22–23, 2021. The virtual summit features two days of insights into the Financial Technology and Blockchain scenario in the Middle East, the newest tools and technologies...
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
27.1.2021
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...
ZelaaPayAE: UAE Will Now Have a Crypto Debit Card
25.1.2021
PRESS RELEASE. ZelaaPayAE, with a vision to build and improve the financial structure, introduces a Crypto Debit Card with the ability to be swiped not just in UAE but also globally. Partnering with Baanx, ZelaaPayAE is providing Mastercard enabled Debit Card featuring personalized cards with a...
Bahrain central bank licenses Sharia-compliant crypto exchange
25.1.2021
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia
Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
21.1.2021
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. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates...
UAE Financial Watchdog Set To Regulate Crypto By 2022
20.1.2021
The Dubai Financial Services Authority (DFSA) has announced plans to implement new regulations for cryptocurrencies in its business plan brochure for the years 2021 to 2022.
“We will build upon recent achievements in this space over the business planning period through developing a regulatory...
Dubai financial regulator working on regulations for cryptocurrencies
19.1.2021
The Dubai Financial Services Authority is reportedly looking to introduce two crypto-related consultation papers as part of its business plan in 2021
Pre-Register Now on Aladdin Exchange to Receive 100 TNC Coins
17.1.2021
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...
Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say
29.11.2020
A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”
UAE, Saudi Arabian central banks release report on Project Aber CBDC trial
29.11.2020
The joint report is among the most promising CBDC studies conducted by central bank authorities
Ideaology’s IEO Ushers the Launch of Blockchain Platform for Innovators
26.11.2020
PRESS RELEASE. DUBAI, UAE – Ideaology is proud to announce its IDEA token pre-sale on December 1, 2020. The pre-sale event is an initial exchange offering (IEO) on P2PB2B exchange. Users will have a chance to purchase IDEA tokens with a 22% discount before the IDEA token public sale....
Ripple opens regional office in Dubai following volatile Q3 for XRP
8.11.2020
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system
Commodity trading gets sweeter with blockchain-based sugar exchange
25.10.2020
The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021's goals
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...
Klever Coming to UAE, Integrates with ZPAE on TRC20 & ERC20
7.9.2020
Recently launched 4th Gen crypto wallet Klever announced on Sunday that it has integrated with ZPAE token on the wallet. In the official tweet it stated that it is coming to the UAE by supporting both of their protocols, TRC20 and ERC20. Klever also added the ‘Charge’ option for ZPAE, which will...
Blockchain platform connects Indian farmers to UAE food industry
1.9.2020
Agriota E-Marketplace may give farmers in India more access to the UAE’s multi-billion dollar food industry
Blockchain Firm Says Banks Need DLT to Manage Identities Better
12.8.2020
Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes
Dubai Debuts Nationwide Data Platform Powered by Blockchain
29.7.2020
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform
Al Weiss Appointed Chairman (Non-Executive) of Playfuel
22.7.2020
Weiss’ significant technology and entertainment industry experience includes his current role as General Partner and Chairman of Global Blockchain Ventures and as former President, Worldwide Operations, Disney Parks and Resorts. Dubai, UAE, July 22, 2020, PlayFuel, the company bringing...
UAE Resident Who Took Out $100K Crypto Loan Saved by Ex-Coworkers
19.6.2020
A foreign resident of Abu Dhabi who was potentially facing jail time over an unpaid $100,000 loan received $27,400 in donations after his story spread