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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.
News
The UAE Government announced the launch of its Blockchain Strategy 2021 aimed at not only saving work hours and expenditures for document circulation, but also ...
UAE Government Launches Blockchain Strategy 2021
Ana Alexandre
2018-04-13T03:32:00+01:00
35205
News
An executive at Nigeria’s Deposit Insurance Corporation has warned citizens away from crypto, citing a lack of backing in any “physical commodity”
Nigerian Regulator Warns Against Crypto Transactions Since They’re ‘Not Insured’
Molly Jane Zuckerman
2018-03-24T17:55:00+00:00
46437
News
Dubai will be launching a B2B virtual marketplace for the tourism industry by 2020, as part of the Dubai 10x initiative.
Dubai To Launch Blockchain Marketplace For Tourism Industry ‘To Be 10 Years Ahead’
Molly Jane Zuckerman
2018-03-03T13:31:00+00:00
41433
News
Chilean energy grid to adopt blockchain, security cited as the reason for the development.
Chile Adopts Blockchain Technology For National Energy Grid
Aaron Wood
2018-03-03T02:17:00+00:00
44369
News
Dubai’s Roads and Transport Authority has announced that it will launch a Blockchain-based initiative for tracking vehicles’ lifecycle for their customers.
Dubai To Release Blockchain-Based System To Track Vehicle Lifecycles
Molly Jane Zuckerman
2018-02-28T19:33:00+00:00
18943
News
S&P Global Platts has started the deployment of its Fujairah Oil Industry Zone Blockchain network, bringing the ‘first’ DLT implementation to the energy sector.
S&P Global Platts Launches Blockchain Network To Track Oil Data In UAE
Helen Partz
2018-02-22T16:24:00+00:00
19850
News
The financial regulator of Abu Dhabi Global Market (ADGM) said on Sunday that it is considering the development of its own set of cryptocurrency and ICO regulat...
Abu Dhabi: Financial Services Authority Is Working On Cryptocurrency and ICO Regulations
Helen Partz
2018-02-12T17:32:00+00:00
24641
News
The UAE’s Securities and Commodities Authority warns investors about ICOs, citing high volatility, no regulations, misleading offers.
UAE Issues Warning On ICOs, Says Investors Should Assume Full Risk
Helen Partz
2018-02-06T16:10:00+00:00
20824

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