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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

Indian police have arrested an associate of a group accused of a $71.6 million crypto scam.

India: Fourth Suspect Arrested Following Alleged $70+ Million Crypto Scam

Adrian Zmudzinski

2019-01-07T19:49:00+00:00

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The efforts of the UAE to introduce relevant crypto regulation will put the county at the forefront of the industry, experts say.

UAE to Become Leading Destination for Blockchain-Related Businesses in 2019, Experts Say

2018-12-24T12:55:00+00:00

8866

The Securities and Commodities Authority of United Arab Emirates will introduce ICO regulation in the first half of next year.

United Arab Emirates Will Introduce ICO Regulation in First Half of 2019, Regulator Notes

Adrian Zmudzinski

2018-12-21T16:01:00+00:00

8466

The Advisory Council of the United Arab Emirates Banks Federation discussed applying blockchain in its member banks to improve KYC processes.

Advisory Council of UAE Banks Federation Considers Adoption of Blockchain in Banks

2018-12-17T23:25:00+00:00

5006

UAE Exchange has partnered with Ripple to launch blockchain-based cross-border remittances to Asia by Q1 2019.

UAE Exchange, Ripple to Launch Blockchain Remittances to Asia by Q1 2019

2018-12-13T16:18:00+00:00

9174

The United Arab Emirates and Saudi Arabia are jointly developing a digital currency meant for interbank transactions.

UAE Central Bank, Saudi Arabia to Develop Joint Cryptocurrency for Interbank Transactions

Adrian Zmudzinski

2018-12-12T12:19:00+00:00

7553

A United Arab Emirates national oil company has successfully piloted a blockchain system for oil and gas production.

IBM Partners with Abu Dhabi National Oil Company for Blockchain Supply Chain System

Adrian Zmudzinski

2018-12-09T16:12:00+00:00

10523

Abu Dhabi Global Market, an international financial free zone within the capital of the United Arab Emirates, has concluded the first phase of its blockchain-ba...

Abu Dhabi Global Market Concludes First Phase of Blockchain-Based KYC Project

2018-12-05T14:41:00+00:00

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