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Central Banks of UAE and Saudi Arabia Say CBDCs are More Efficient and Can Preserve Privacy

The conclusion of Project Aber and subsequent review by the Central Banks of the Kingdom of Saudi Arabia (Saudi Arabian Monetary Authority) and the United Arab Emirates (CBUAE) shows that Distributed Ledger Technology (DLT) can improve remittance and satisfy privacy demands despite it being technically untenable, a joint report on Nov 28 reveals. дальше »

2020-12-1 02:00


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Ripple Sets Up Regional Headquarters In Dubai As Company Considers Abandoning The US

Blockchain payments firm Ripple has opened regional headquarters in Dubai, underscoring the San Francisco-based decacorn’s intent to move away from the US due to the hostile regulatory environment. Ripple Moves To Strengthen Presence In MENA With A New Regional Base In Dubai  According to a report on Saturday (November 7) by the United Arab Emirates […] дальше »

2020-11-10 20:17


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KuCoin Adds Support For Purchasing Crypto With 17 More Fiat Currencies

On June 12, 2020, KuCoin, an IDG-backed crypto exchange, announced that it will add support for Indian rupee (INR), Argentine peso (ARS), Philippine peso (PHP), United Arab Emirates dirham (AED), Azerbaijani manat (AZN), Chilean peso (CLP), Colombian peso (COP), Costa Rican colon (CRC), Dominican peso (DOP), Georgian lari (GEL), Kazakhstani tenge (KZT), Moldovan leu (MDL),Read MoreRead More. дальше »

2020-6-13 14:56


Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply

Bitcoin’s $132 billion market cap might be a far cry from its 2017 all-time high, but it doesn’t mean it’s not playing in the big leagues. According to data from the CIA, Bitcoin’s current market cap makes it the 34th largest economy in terms of M1 money supply, just below the United Arab Emirates (UAE) […] The post Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply appeared first on CryptoSlate. дальше »

2020-1-1 00:33


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Fantom Foundation Partners with The Private Office of Sheikh Saeed bin Ahmed Al Maktoum and SEED Group to Operate in Dubai

Fantom Foundation, the company behind Fantom (FTM) is expanding its operations to Dubai, United Arab Emirate. The CEO of SEED Group Hisham Al Gurg and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum signed a deal with Fantom Foundation representatives Ashton Hettiarachi and David Freuden at the SEED Group Dubai head office. дальше »

2019-7-17 18:42


Recent CoinSchedule Data Reveals Biggest Contributor To Token Sales, The United Arab Emirates

Recent Data From CoinSchedule Reveals Biggest Contributor To Token Sales – The United Arab Emirates Token sales are often launched by exchanges and firms as a way to raise up capital for various purposes within the brand, but how spread out are the profits? In a recent research report, initiated by CoinSchedule, it looks like […] дальше »

2019-4-30 23:45


Crypto in the UAE Booms in Generating Over $210 Million in Investments in January and February ICOs

A recent report in the crypto sector has put the United Arab Emirates as the number one country when categorised by the amount of capital generated by Initial Coin Offerings (ICOs). It is reported that in the first two months of 2019 alone, the UAE successfully raised a staggering amount of about $210 million. The […] дальше »

2019-3-10 21:11


Saudi Arabia, UAE Crypto Project Likely to Create New Crypto Investment Market

Saudi Arabia and the United Arab Emirates have announced they will be undertaking joint tests on a new co-developed cryptocurrency dubbed Aber. The two countries are looking to leverage blockchain… The post Saudi Arabia, UAE Crypto Project Likely to Create New Crypto Investment Market appeared first on CoinCentral. дальше »

2019-2-1 20:10


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Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments

Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. дальше »

2019-1-22 18:01


UAE and Saudi Arabia Announce New Cryptocurrency Project and Strategy of Resolve

On January 19, 2019, It was officially announced that the United Arab Emirates and Saudi Arabia would be joining forces to create and launch a new Cryptocurrency. Before the announcement was made, 16 representative members of both countries met with the Executive Committee of the Saudi-Emirati Coordination Council in Abu Dhabi to discuss the project […] дальше »

2019-1-21 21:26