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Dubai – Page 15 – DIGIT INFO

Global Digital Industry Group Launches Mining Business Bitworld

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

India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency

India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting this national policy. Also read: Regulatory Roundup — New US Crypto Tax … Read more

Dubai Seeks to Create its own Crypto Valley fro Blockchain Development

Various countries are looking to embrace cryptocurrencies. Dubai is one of those regions, although it appears the focus will shift to blockchain first and foremost. It is not the first time a country creates its own ‘Crypto Valley“. A new Crypto Valley in Dubai This concept has been popularized by Switzerland, in the Zug region.  … Read more

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