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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)....
Bringing Crypto Mass Adoption to the UAE
13.7.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Crypto mass adoption has been the biggest aim for the entirety of the crypto space since Bitcoin came into existence back in 2013. Usually, people do a variety of things they don’t understand even if it...
UAE to experiment and launch an in-house digital currency
12.7.2021
As a part of the 2023-2026 strategy, CBUAE intends to be among the world's top 10 regulators
82% of Institutional Investors Plan to Increase Cryptocurrency Exposure: Survey
8.7.2021
A survey by Nickel Digital Asset Management shows that 82% of institutional investors and wealth managers are planning to increase their cryptocurrency exposure between now and 2023. The survey reportedly asked institutional investors and wealth managers from the U.S., U.K., France, Germany,...
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
30.6.2021
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology
Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
23.6.2021
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April
FootballCoin Launches Euro 2020 Fantasy Game With Collectable NFTs and XFC Prizes
11.6.2021
PRESS RELEASE. FootballCoin has launched a new version of its fantasy football game for EURO 2020, with a host of new features, NFT cards, and prizes. 11th June 2021, Dubai, UAE — Pioneering Football Fantasy Blockchain platform FootballCoin has launched the new version of its game for EURO...
UAE authority issues warning about Dubai Coin
28.5.2021
Dubai does not have an official cryptocurrency, officials state
Surveyed UAE Nationals Keener to Invest in Crypto than Western Expats
20.5.2021
Younger Emirati respondents are much more bullish than Western expats about the opportunities potentially offered by exposure to cryptoassets, according to a recent survey released by the Dubai-based financial services company Holborn Assets.
Carried out online by the UK pollster YouGov, the survey...
Yearn Finance Founder Andre Cronje Set to Fight the Rug Pulled Crypto Messiah in a Dubai Boxing Match
6.5.2021
South African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes...
UAE employs blockchain tech for remote litigation services
20.4.2021
The UAE government's adoption of blockchain technology for its legal notary services builds on its ambitions to go completely digital
UAE minister of economy: Crypto & tokenization “key” to doubling GDP
7.4.2021
A government-run token exchange could be on the horizon for the United Arab Emirates
TNC Launches UAE-Based Exchange Platform Aladdin Exchange
17.3.2021
PRESS RELEASE. TNC Group, the global blockchain entity responsible for massive projects in the blockchain and crypto space, recently launched the Aladdin Exchange — a UAE-based cryptocurrency exchange. The TNC team moves closer to realizing their vision of pushing forward more blockchain...
Sands of change: UAE enables private sector to adopt blockchain tech
8.3.2021
The UAE has been proactive in integrating blockchain into the existing governance ecosystem, and the private sector benefits from the spillover effect
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
23.2.2021
Some of Asia's largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat
Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin
17.2.2021
The free zone accepts payments in bitcoin, ether and the tether stablecoin
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
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). Kiklabb issues...
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...