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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 trade and other licenses as well … Read more
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 the Dubai International Financial Centre (DIFC), the upcoming crypto … Read more
Blockchain will streamline trade from Europe’s grain belt. Go to Source Powered by WPeMatico
The financial center in one of Dubai’s free-trade zones acts as an independent regulator with its own judicial system Go to Source Powered by WPeMatico
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. Go to Source Powered by WPeMatico
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 its mining head, Planck Danny as the CEO of Bitworld. … Read more
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. Go to Source Powered by WPeMatico
Russian media reported that Marsalek is hiding in Russia with funds that he was able to transfer there with Bitcoin. Go to Source Powered by WPeMatico
One of the world’s leading ports operators is joining the blockchain shipping platform created by IBM and Danish logistics giant Maersk. Go to Source Powered by WPeMatico
Blockchain has become embedded in daily life in the UAE amid the implementation of its Emirates Blockchain Strategy 2021 policies Go to Source Powered by WPeMatico
