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3232Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says
https://www.digit.info/crypto-will-play-a-major-role-in-uae-trade-going-forward-minister-says/
Tue, 24 Jan 2023 01:00:39 +0000https://www.digit.info/2023/01/24/crypto-will-play-a-major-role-in-uae-trade-going-forward-minister-says/Read more]]>The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.” Crypto to Play a Major Role in the UAE United Arab […]
]]>Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments
https://www.digit.info/study-54-of-uae-and-saudi-arabia-survey-respondents-said-crypto-should-be-used-for-payments/
Tue, 12 Apr 2022 13:00:25 +0000https://www.digit.info/2022/04/12/study-54-of-uae-and-saudi-arabia-survey-respondents-said-crypto-should-be-used-for-payments/Read more]]>An average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from going mainstream. Crypto as Currency According to the findings of a study by Checkout.com, […]
]]>UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards
https://www.digit.info/uae-prepares-to-launch-nationwide-crypto-licensing-system-in-line-with-global-standards/
Sat, 19 Feb 2022 06:30:26 +0000https://www.digit.info/2022/02/19/uae-prepares-to-launch-nationwide-crypto-licensing-system-in-line-with-global-standards/Read more]]>The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region. UAE Prepares to Regulate Crypto Sector Nationwide The United […]
]]>UAE Central Bank Unveils Plan to Launch Digital Currency
https://www.digit.info/uae-central-bank-unveils-plan-to-launch-digital-currency/
Tue, 13 Jul 2021 23:00:46 +0000https://www.digit.info/2021/07/13/uae-central-bank-unveils-plan-to-launch-digital-currency/Read more]]>The Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks. A growing number of central banks worldwide are working to launch central bank digital currencies (CBDCs). The Central Bank of the United […]