A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox […]
The post Crypto Exchange Approved for Regulatory Sandbox License in Bahrain appeared first on Bitcoin News.
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Dubai is a city known for its extravagance and technology. Flying taxis, water jet firefighters, and robotic police are all parts of its current reality or future. It would not be a surprise if they were simply looking into smart contracts and cryptocurrencies, but what many may not realize is that they also plan on being the world’s first blockchain-powered government. Dubai as a Blockchain City There are some immediate and obvious advantages to getting much of a nation’s citizenship and other tedious documents which require extensive reconciliation between various organizations onto a blockchain. Distributed, decentralized ledgers offer numerous benefits for this kind of
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