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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.
Blockchain conference in Oman becomes the largest business gathering in country’s history, highlights the intention to push for new technologies.
Oman Blockchain Symposium Indicates Adoption Growth
Jon Buck
2017-11-15T19:30:00+00:00
11469
Regulations
United Arab Emirates (UAE) Central Bank Governor Mubarak Rashid al-Mansouri has issued a warning to the public against the use of virtual currencies as a medium...
UAE Central Bank Governor Warns Against Use of Cryptocurrencies as a Medium of Payment
Lisa Froelings
2017-10-30T08:40:00+00:00
12117
Adoption
Despite the uncertainty of the Bitcoin market, real estate agents are willing to take a risk on the cryptocurrency. Different cases, where it happens, are expl...
5 Cities That Let You Buy Real Estate with Bitcoin
Kayla Matthews
2017-10-26T16:30:00+01:00
60291
Bahrain wants to become a pioneer in the burgeoning fintech space according to Economic Development Board of Bahrain chief.
Bahrain is Eyeing at Becoming Middle East Pioneer in Blockchain
Lisa Froelings
2017-10-01T19:05:00+01:00
10915
Several countries in the biggest oil producing regions in the world are moving to adopt Blockchain technology in their operations as of mid-2017.
Major Oil Producing Regions Move to Adopt Blockchain in Their Operations
Joshua Althauser
2017-08-19T14:36:00+01:00
17301
Abu Dhabi Securities Exchange considers the blockchain as the most innovative technology in finance and digital transactions. It’s in line with Cointelegraph’s ...
Abu Dhabi Securities Exchange: Blockchain is Most Innovative Technology For Digital Transactions
Joseph Young
2017-04-18T09:13:00+01:00
3621
Bahrain is hot on the heels of the United Arab Emirates signing a fintech association agreement with Singapore.
Singapore Fintech Cooperation Hots up, Bahrain Follows UAE
William Suberg
2017-03-30T15:45:00+01:00
1398
SDO and government officials of Dubai partnered with 1776 with a vision of developing the city into a Blockchain-powered region.
Suddenly, Dubai Aims to Become First Blockchain-Powered City by 2020
Joseph Young
2017-02-21T18:14:00+00:00
4410

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