2023-2-13 12:35 |
The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates' new Financial Infrastructure Transformation Program.
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The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central BanThe post UAE set to issue CBDC for cross-border payments and domestic usage appeared first on AMBCrypto.
2023-2-13 16:00 | |
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The United Arab Emirates central bank , today, announced the launch of CBDCs. More central banks are looking into CBDCs as UAE's central banks believes they are the way to their economical goals.
2022-10-27 01:00 | |
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The United Arab Emirates introduced new reporting requirements for real estate transactions involving digital assets in a statement on August 8. The post UAE introduces new reporting requirements to counter crypto real estate money laundering appeared first on CryptoSlate.
2022-8-8 18:53 | |
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Lagos, Nigeria – SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the UAE-based management consultancy Agile Dynamics, presents Web3 Delight Lagos. This in-person and online event takes place on July 29th, 2022, featuring speakers from Ecuador and Mexico, the US and Russia to Serbia, and the United Arab Emirates to South Korea.
2022-7-3 18:23 | |
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Lagos, Nigeria – SwiftMotion Media, a fully capitalized micro-VC, an investment arm of the UAE-based management consultancy Agile Dynamics, presents Web3 Delight Lagos. This in-person and online event takes place on July 29th, 2022, featuring speakers from Ecuador and Mexico, the US and Russia to Serbia, and the United Arab Emirates to South Korea.
2022-6-22 06:42 | |
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The vulnerabilities in India’s digital currency strategy might be advantageous for nations seeking to expand their crypto networks. Several Indian cryptocurrency exchanges now want to relocate from India to the United Arab Emirates, signalling that the UAE could be on the verge of becoming the world’s new crypto powerhouse.
2022-5-16 20:40 | |
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In response to the global cryptocurrency boom, the United Arab Emirates has become a hub for the industry as a result of its crypto-friendly legislation, which have made it a favorite destination for digital currency aficionados.
2022-5-9 13:44 | |
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Emirates airlines continue to trailblaze in the aviation sector by flying deeper into the digital economy. Their latest flight is headed into the Metaverse The First Flights Into the Metaverse The United Arab Emirates national carrier, Emirates Airways, is the latest big name to delve into the NFT and Metaverse space.
2022-4-20 06:54 | |
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Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs.
2022-3-22 19:17 | |
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The world's first digital AR festival, WOW (World of Web3) Summit, is held from 12th March to 18th March in Dubai, United Arab Emirates. The WOW Summit is the biggest Web3 technology event in the GCC,The post WOW Summit: The first digital alternative reality festival in Dubai appeared first on AMBCrypto.
2022-3-16 11:30 | |
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Russian crypto holders are reportedly liquidating billions of dollars in virtual currency, putting these into investments in Dubai. Some have sought to buy into other safe-haven assets. According to a report by Reuters on Friday, 11 March, digital asset platforms based in the United Arab Emirates (UAE) have been inundated by requests to sell Bitcoin […] The post Russians are liquidating crypto in the UAE to seek safe havens: report appeared first on Invezz.
2022-3-11 20:42 | |
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The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over $272k), starting January 2, 2022.
2021-12-30 20:14 | |
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The United Arab Emirates is showing a progressive attitude towards crypto and digital assets in general. The Emirates Post Group (EPG) has announced it will issue nonfungible token (NFT) stamps to mark the 50th National Day.
2021-12-1 10:41 | |
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The Maradona NFT Collection is comprised of 10 NFTs connected to the World Soccer Treasure items from the Maradona estate. DUBAI, United Arab Emirates, November 3, 2021 – EX Sports, a platform that allows sports fans to buy, trade and sell digital sports collectibles, in partnership with CV Labs and World Football Collection, sold the […]
2021-11-3 02:29 | |
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XTZ, the native token of the Tezos blockchain, is now available as part of digital assets products that Arab Bank Switzerland institutional customers can trade, stake, and custody. This was announced today through a joint press by the two organizations.
2021-10-6 00:41 | |
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Arab Bank Switzerland announced they have chosen Tezos (XTZ/USD) to cooperate on compliant, innovative on-chain digital financial products, Invezz learned from a press release. The bank has introduced top-grade storage, trading, and staking services for Tezos’ native token.
2021-10-6 15:51 | |
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Dubai, United Arab Emirates, 1st of September 2021. Coinovy, a digital finance app with digital assets which combine wallets to send, receive, exchange, earn and borrow, forms a strategic partnership with award winning marketing agency, Luna PR.
2021-9-1 17:00 | |
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The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies.
2021-8-30 15:37 | |
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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 […]
2021-7-14 02:00 | |
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The UAE Central Bank is getting serious about the launch of its digital currency. UAE Central Banks’ Ambitious Goals The Central Bank of the United Arab Emirates (UAE) has disclosed its roadmap for 2023-2026 which, among other milestones, includes the launch of a central bank digital currency (CBDC), a report by Gulf News confirms. ThereRead More
2021-7-13 13:00 | |
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United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […]
2021-6-7 20:05 | |
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United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country's plans to double its gross domestic product. This means thatThe post ARABIC CASH launches third and final round of Private Sale appeared first on AMBCrypto.
2021-6-4 08:30 | |
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The Central Bank of the United Arab Emirates (CBUAE) and the Digital Currency Institute of the People’s Bank of China (PBC DCI) have joined Hong Kong Monetary (HKMA) in partnership with the Bank of Thailand (BOT) in the second phase of the Project Inthanon-LionRock.
2021-2-25 15:06 | |
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Emirates, a major airline based in the United Arab Emirates (UAE), is testing a blockchain mobile app developed by GE Digital Aviation to make it easier for passengers to adhere to COVID-19 travel requirements.
2021-2-3 16:00 | |
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United Arab Emirates-based commercial bank RAKBank has partnered with Asia, a major bank in Bangladesh to facilitate cross-border remittance transactions. Ripple’s digital payment solution RippleNet will be utilized for the initiative.
2020-5-13 21:07 | |
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Taurus Group has secured more than €10 million in an Arab Bank Switzerland-led Series A funding round in a resoundingly successful bid to expand. Back in September 2019, the digital assets firm and Arab Bank Switzerland closed a partnership to offer the bank’s customers Bitcoin (BTC) and Ether (ETH) brokerage and custody services. It has […]
2020-4-30 23:24 | |
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Taurus Group is looking to expand its operations after securing Series A funding led by Arab Bank (Switzerland).
2020-4-29 15:17 | |
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While undisclosed, the amount is reported to be an “8-digit” figure in Swiss francs — implying a $10 million+ investment
2020-4-29 15:00 | |
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Saudi Arabia and the United Arab Emirates discussed the countries’ plans for an interbank digital currency
2019-11-28 14:01 | |
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2019 has seen large-scale blockchain adoption. With China trying to beat the world to its central bank-backed digital currency, the United Arab Emirates [UAE] too, has begun drafting regulations.
2019-11-12 00:30 | |
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According to a report published by swissinfo. ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, toRead MoreRead More.
2019-9-20 09:00 | |
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Arab Bank Switzerland has become the latest Swiss institution to enter the digital assets sector
2019-9-19 11:29 | |
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By CCN: The United Arab Emirates has granted crypto exchange BitOasis a preliminary license which allows it to operate a digital asset wallet and a trading platform in the region. According to Dubai-based BitOasis, this will make the firm Middle East’s first regulated bitcoin exchange.
2019-5-13 15:33 | |
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According to April 29, 2019, article published by Bloomberg, the United Arab Emirates (UAE) has eclipsed the U. S. as the world’s crypto capital. The UAE Outshines the US Towards the end of the rollercoaster ride that was 2018, the majority of crypto enthusiasts opined that 2019 could be a make or break year for theRead MoreRead More.
2019-4-30 12:00 | |
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United Arab Emirates (UAE) Emerges As World’s Crypto Capital Beating USA, UK, & South Korea The Kingdom of the United Arab Emirates (UAE) has beaten other countries to emerge at the top as the choice of location for the sale of digital assets.
2019-4-30 22:37 | |
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The Kingdom of the United Arab Emirates [UAE] has overtaken the United States as the top location for the sale of digital assets. The Gulf country now accounts for over 25 percent of funds raised via token offerings, while the US accounts for less than 5 percent.
2019-4-29 14:30 | |
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Six United Arab Emirates and Saudi Arabian commercial banks will participate in a digital currency project for cross-border interbank transactions
2019-2-5 12:47 | |
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Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today.
2019-1-29 17:23 | |
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The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details of their interbank digital currency
2019-1-30 15:53 | |
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Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
2019-1-30 15:30 | |
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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.
2019-1-22 18:01 | |
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United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U.
2018-12-27 08:00 | |
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Cryptocurrency exchange platform, Bitex UAE, recently set up in the UAE, in addition to launching a cryptocurrency wallet along with a trading platform. Cryptocurrency Wallet and Trading Available in UAE According to Trade Arabia, digital currency exchange platform, Bitex UAE, set up in the United Arab Emirates (UAE).
2018-11-24 09:54 | |
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Bitex has officially launched as the United Arab Emirates’ (UAE) newest digital asset exchange. The Dubai-based trading platform will initially support bitcoin core, bitcoin cash, ethereum and litecoin.
2018-11-23 08:40 | |
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The crypto world is welcoming its newest digital currency exchange. Known as BTSE, it’s a platform designed primarily to look after markets and OTC trading. The system is unique in the sense that it offers multiple currencies through one book, and entities like the U.
2018-9-21 00:05 | |
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Lt-Gen Dhahi Khalfan Tamim of the Dubai Police predicted at a recent panel discussion that electronic money will soon replace cash in the United Arab Emirates. There remains a growing concern among authorities in the region that a lack of community awareness exposes digital currency users to fraud, piracy and ties to money laundering.
2018-9-18 01:56 | |
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Financial regulators in the United Arab Emirates(UAE) are now looking to put the finishing touches to their initial coin offerings(ICOs), cryptocurrency exchanges and digital assets-related businesses regulatory framework, reported Finance Magnates on September 10, 2018.
2018-9-12 15:00 | |
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The Italian football club Rimini, which plays in the Italian Serie C division, has sold a portion of the team’s shares in exchange for cryptocurrency. The first-of-its-kind acquisition was made by Heritage Sports Holdings (HSH), a sports investment company based in the United Arab Emirates.
2018-8-30 21:01 | |
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The Kingdom of Saudi Arabia offered a statement from the committee dealing with foreign exchange securities banning the use of virtual currencies in the kingdom as a currency. In a turn of events around the neighboring countries, BitOasis a cryptocurrency exchange is working with regulators in Arab states to increase the overall participation in digital […]
2018-8-20 22:02 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.