Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

UAE News

The UAE, or the United Arab Emirates, is a federal state composed of seven states located in the Near East. The UAE has a strong economy and currently is thirteenth in the world by GDP due to its oil production. In terms of Bitcoin, the UAE government created a legal framework in 2016 that has become the foundation for future cryptocurrency regulation. Despite these regulations prohibiting payment services from providing transactions in Bitcoin, the new law, in accordance with the Central Bank, can be interpreted differently, depending on certain situations. However, the country is a great platform for innovation. The UAE has recently accepted the UAE Blockchain Strategy in order to become one of the most advanced countries in the blockchain technology sphere.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

A blockchain-enabled waste permit portal will be launched in Sharjah, United Arab Emirates.

Waste Management Firm Launches Blockchain Platform in UAE City

Adrian Zmudzinski

2019-02-17T20:45:00+00:00

12175

Together with Nvelop, South Korean exchange Bithumb plans to launch a regulated platform this year, according to local reports.

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report

2019-02-12T11:08:00+00:00

4889

Finablr, a major payments and foreign exchange firm based in UAE, joins RippleNet to launch cross-border payments with Thailand.

UAE Exchange and Payment Platform Unimoni Join Ripple’s Payments Network

2019-02-11T17:37:00+00:00

5361

The UAE Ministry of Finance will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies.

UAE to Discuss Blockchain and Digital Assets at 7th World Government Summit

2019-02-07T22:20:00+00:00

5880

A member of the Dubai royal family has backed a Liechtenstein-based cryptocurrency management firm, Invao

Liechtenstein-Based Crypto Fund Manager Receives Backing from Dubai Royal

Miranda Karanfili

2019-02-05T21:40:00+00:00

4789

Six commercial UAE and Saudi Arabian banks have joined a digital currency project meant for cross-border interbank transactions.

Six UAE and Saudi Arabian Banks Join Digital Currency Cross-Border Transaction Project

2019-02-05T09:47:00+00:00

8377

The United Arab Emirates’ central bank and the Saudi Arabian Monetary Authority have announced details on the interbank digital currency they are co-developing.

UAE-Saudi Arabian Digital Currency 'Aber' to be Restricted to Select Banks at Start

2019-01-29T12:53:00+00:00

9406

The United Arab Emirates and Saudi Arabia announced an agreement to cooperate on the creation of a cryptocurrency.

United Arab Emirates and Saudi Arabia Collaborate on New Cryptocurrency

Adrian Zmudzinski

2019-01-20T11:02:00+00:00

18115