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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.
Analysis
In the wake of the coronavirus pandemic, a number of blockchain firms have stepped up their global relief efforts.
Global Crypto Community Comes Out in Full Force Against Coronavirus
Shiraz Jagati
2020-03-29T08:43:00+01:00
6175
News
Blockchain-based proposals from around the world are helping to quell the outbreak of COVID-19.
Blockchain Tech Leads the Charge in UAE’s Coronavirus Fight
Felipe Erazo
2020-03-27T17:10:00+00:00
3161
News
DIFC and Mashreq Bank launch Blockchain KYC platform to support faster business registration in the UAE.
Dubai Welcomes Global Businesses With First Blockchain KYC Platform
Ting Peng
2020-03-01T22:00:00+00:00
5923
Analysis
Blockchain is becoming a hot topic, but is it being effectively implemented around the world?
The State of Blockchain: Experts Weigh in on Adoption Around the World
Joseph Birch
2020-02-23T19:00:00+00:00
8418
News
The Department of Economic Development of Dubai has established a KYC blockchain consortium with six major banks.
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
Helen Partz
2020-02-19T17:24:00+00:00
4676
News
The UAE'S health ministry’s new blockchain platform aims to improve the efficiency of smart health services in the country.
UAE Health Ministry Debuts Blockchain Platform for Medical Data
Ting Peng
2020-02-02T15:57:00+00:00
9049
News
The deployment of blockchain technology can save the United Arab Emirates more than $3 billion, new research shows.
UAE Can Save Over $3B by Deploying Blockchain, New Research Reveals
Ana Alexandre
2020-01-15T13:25:00+00:00
4167
News
Singapore-based crypto exchange Huobi partnered with a real estate firm in the UAE to offer secure crypto payment options for its real estate investors.
Huobi Exchange Partners With UAE Real Estate Firm to Enable Crypto Payments
Helen Partz
2020-01-13T11:46:00+00:00
4524

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