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UAE authority issues warning about Dubai Coin
28.5.2021
Dubai does not have an official cryptocurrency, officials state
Lawsuit Claims Onecoin’s ‘Cryptoqueen’ Ruja Ignatova Holds 230,000 Bitcoin
14.5.2021
One of the ringleaders of the largest crypto Ponzi schemes, Onecoin’s Ruja Ignatova, otherwise known as the “Cryptoqueen,” allegedly owns 230,000 bitcoin worth over $11 billion today. Court documents filed by victims of the Onecoin scheme indicate that she received the bitcoins...
DMCC strikes deal to build blockchain-based precious metals refinery in Dubai
21.4.2021
The precious metals refined on the site will be tokenized and traded on the DMCC Gold Exchange platform
Dubai's economic department to roll out blockchain-based corporate KYC
14.4.2021
Dubai’s Department of Economic Development wants to accelerate the total adoption of UAE KYC — the national Know Your Customer standard running on blockchain technology
Dubai regulators call for public feedback on proposed crypto laws
29.3.2021
Financial regulators in Dubai have enacted a 30-day window for public comments on security token regulations
DeFi Goes Mainstream: B26 Finance Becomes Official Sponsor for the Falcons, Dubai’s Basketball Team
22.3.2021
PRESS RELEASE. B26 Finance, the world’s first blockchain-based self-banking service, has recently been released to the world. Being a relatively new project, developed and worked on for years, but officially launched 2 weeks ago (8/03/2021), B26 Finance has seen massive growth and adoption...
Dubai Based Crypto Investment Fund to Convert $750 Million Worth of BTC Into ADA and DOT Tokens
26.2.2021
A Dubai based crypto-based investment fund, FD7 Ventures says it will offload bitcoins worth $750 million and will use the proceeds to increase positions in Cardano and Polkadot tokens. According to FD7 Ventures, this switch to the two altcoins will help the fund to better serve the interests...
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...
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...
Mastermind of a Cryptocurrency Scam Arrested in India
6.1.2021
An alleged mastermind of a cryptocurrency scam has been arrested in India after he fled the country to Dubai. Investors were duped into investing in a cryptocurrency linked to a crypto exchange he established. The scheme also promised investors a monthly return of 20%-30% on investments. Alleged...
Blockchain-based agri-commodity trading to tap world's largest wheat market
10.11.2020
Blockchain will streamline trade from Europe's grain belt
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
Ripple Opens Dubai HQ as Blockchain Firm Mulls Leaving US
8.11.2020
The blockchain company's new Middle East and North Africa headquarters will be within the DIFC financial hub
WTO blockchain report says customs remains ‘weak link’ of trade digitalization
5.11.2020
Analysts have been categorizing blockchain projects worldwide into a “periodic table” that allows for a granular analysis of the technology’s inroads into global trade
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...
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
Wirecard Exec Reportedly Used Bitcoin to Move Funds to Russia
21.7.2020
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin
Pandemic Spurs Top Port Operator to Join Blockchain Shipping Platform
28.5.2020
One of the world’s leading ports operators is joining the blockchain shipping platform created by IBM and Danish logistics giant Maersk
UAE’s DLT Overhaul on Track to Bring Blockchain to Daily Life by 2021
27.4.2020
Blockchain has become embedded in daily life in the UAE amid the implementation of its Emirates Blockchain Strategy 2021 policies