Dubai Police Chief: Digital Currency Will ‘Soon Replace’ Cash Despite Hurdles
UAE should develop statewide cryptocurrency, says law enforcement officials and experts Go to Source Powered by WPeMatico
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Bahrain: Government Official Hails Blockchain as ‘True Mark Of Progress’
A speech by a Bahraini minister at a local blockchain conference has hinted at major support for blockchain Go to Source Powered by WPeMatico
PR: Brock Pierce and Company Will Bring Together Exchanges, and Regulators Around Spanish Crypto Summit Futurama
Brock Pierce, considered to be the center figure of cryptocurrency culture, tweeted about an upcoming event that will have all blockchain lovers, raving to go, or as crypto enthusiasts would say, ‘Futurama to the moon!’ The post PR: Brock Pierce and Company Will Bring Together Exchanges, and Regulators Around Spanish Crypto Summit Futurama appeared first … Read more
Online ID Control: Blockchain Platforms vs. Governments and Facebook
Decentralized ID platforms can gives us control over our online identities, but face problems of centralization, government resistance, and Facebook dominance Go to Source Powered by WPeMatico
Dubai Partners With Global Blockchain to Explore Blockchain Technology For Trade Finance
The city of Dubai is globally renowned for its residents’ luxurious lifestyle. The ultramodern architecture, mega shopping malls, and lively nightlife are just a few of the things that make it stand out. Even the cops in Dubai live in luxury, with their fleet of squad cars consisting of Bentleys, McLarens, and Lamborghinis. However, the … Read more
Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab States
Following the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitoasis Working With … Read more
India Bitconnect Head Arrested
Alleged India Bitconnect head, Divyesh Darji, was arrested this week at a airport in Delhi as he arrived from Dubai. He and conspirators are accused of bilking millions of dollars (Rs 88,000 crore) from Indian investors seeking to find financial refuge during the government’s demonetization campaign. Also read: Report: 15,000 Twitter Crypto Scam Giveaway Bots … Read more
Smart Dubai and DIFC Courts Partner to Explore Blockchain-Powered Judiciary
The Dubai International Financial Centre Courts and Smart Dubai have partnered on a “Court of the Blockchain” initiative that includes refining smart contracts for the legal system Go to Source Powered by WPeMatico
Abu Dhabi Global Market Launches Regulatory Framework for Crypto Activities
The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi … Read more
Crypto Exchange Approved for Regulatory Sandbox License in Bahrain
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 … Read more