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Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub

Dubai Sees Crypto as Stepping Stone Towards Global Tech Hub

Dubai is reaping the dividends of new tech investments because it has laid the ground for a post-pandemic boom through a business-friendly and low taxes environment.

UAE to Strive for Virtual Service Provider Licenses before Q2

UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse

Emirates Airline to Roll Out Bitcoin Payment and Enter the Metaverse

To optimize customer satisfaction rates, Emirates Airline has revealed plans to adopt advanced digital solutions, such as cryptocurrency, metaverse, and blockchain.

Nearly 67% of UAE Residents are Interested in Crypto Investments, Study Shows

Nearly 67% of UAE Residents are Interested in Crypto Investments, Study Shows

In the next five years, 67% of residents in the UAE will be interested in entering the crypto space, according to a survey by British market research and data analytics firm YouGov.

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

UAE Investors Enable Crypto Trading in Dirhams following Kraken and RAKBANK Partnership

Kraken, a leading cryptocurrency exchange, has joined hands with RAKBANK to enable UAE residents to trade crypto in dirhams through their local bank accounts.

FTX Gets Full Approval to Operate Crypto Exchange in Dubai

FTX Gets Full Approval to Operate Crypto Exchange in Dubai

FTX has received full government approval to expand its services in Dubai. In March, the exchange obtained a partial license to offer its services in the region.

UAE Rolls Out Blockchain-Powered Trade Finance Platform to Fight Fraud

UAE Rolls Out Blockchain-Powered Trade Finance Platform to Fight Fraud

The United Arab Emirates (UAE) has launched a blockchain-enabled trade finance platform dubbed UAE Trade Connect to curb economic crimes like money laundering, under-invoicing, and fraud.

United Arab Emirates to Issue its First NFT-Backed Stamps

United Arab Emirates to Issue its First NFT-Backed Stamps

The United Arab Emirates, through the Emirates Post Group (EPG), is set to launch the region’s first Non-Fungible Token-backed postage stamps.

Arab's Financial Security Publishes a Tentative Draft Resolution for Crypto Regulations

Arab's Financial Security Publishes a Tentative Draft Resolution for Crypto Regulations

Securities and Commodities Authority in the United Arab Emirates released a draft containing their tentative resolutions on how the crypto market will be regulated.

Abu Dhabi to Integrate Land Records on the Blockchain Platform

Abu Dhabi to Integrate Land Records on the Blockchain Platform

The capital of the United Arab Emirates (UAE), Abu Dhabi has revealed its intentions of putting its land registry system on the blockchain.

Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology

Carrefour Shoppers in the UAE to Get Farm-to-Shelf Information with Blockchain Technology

Carrefour customers in the United Arab Emirates (UAE) will be able to track the origins of the products with blockchain technology.

UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability

UAE Health Authorities Launch Blockchain-Based Platform for Verifying Health Data Validity and Reliability

The United Arab Emirates (UAE) Ministry of Health and Prevention (MoHAP), the Ministry of Presidential Affairs, Dubai Healthcare City and other authorities have come together to launch a blockchain-based system for health data storage.

UAE Leverages Blockchain, Robotics and 3D Printing to Flatten Coronavirus Curve

UAE Leverages Blockchain, Robotics and 3D Printing to Flatten Coronavirus Curve

The United Arab Emirates (UAE), through in5, a startup incubator for nurturing businesses and ideas, is deploying blockchain, robotics, and 3D printing technologies to instigate the wellbeing and safety of its citizens amid the coronavirus (COVID-19) pandemic.

UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

UAE’s Ministry of Health and Prevention Instigates First-Ever Blockchain Network

The Ministry of Health and Prevention in the UAE has launched a blockchain-based system aiming to boost productivity among health practitioners by reducing time and costs.

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

Google Web Searches for Bitcoin Hit a Historic Low with Nigeria Still Leading

The Global web search data from Google Trends indicate that there has been a decline in recent times as it has recorded an all-time low since October 2018. Even in the midst of the activities going on in the global scene we see that some African countries have been leading with Nigeria recorded as the country with the highest level of Bitcoin searches, followed by South Africa and Ghana respectively.

Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users

Utrust Joins Hand With Alternative Airlines To Ensure Secure Crypto Payments For Users

Utrust, a blockchain-powered payment technology that enables online businesses to accept cryptos.

Tech Mahindra Developing India’s Blockchain Education with Idealabs Partnership

Tech Mahindra Developing India’s Blockchain Education with Idealabs Partnership

Tech Mahindra, an Indian multinational IT company, has inked a partnership with Idealabs, an education technology firm, to boost Indian students and aspiring tech professionals with notable blockchain skillsets. Through the strategic collaboration, curated blockchain professional certification courses will be offered made up of live online classes and expert sessions by gurus in the industry.

Binance Continues to Show Support for Measures Against the Coronavirus

Binance Continues to Show Support for Measures Against the Coronavirus

With over a month gone since the outbreak of the now dreaded coronavirus, charity organizations, social groups have been credited with the progress being made to contain the spread of the disease.

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

Dubai Economy Gets Powered by UAE KYC Blockchain Platform for Safe Digital Customer Onboarding

The Dubai economy has gone live on the UAE KYC (Know-Your-Customer) blockchain platform making instant bank accounting functionality, secure digital customer onboarding, and sharing of verified data between financial institutions and licensing authorities possible.

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Cryptocurrency wallet Lumi launches new payment method Apple Pay

Multi-currency crypto wallet Lumi, which enables the purchase, exchange & storing of digital assets, has added Apple Pay as an available payment method.

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