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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

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

2020-03-29T08:43:00+01:00

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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

2020-03-27T17:10:00+00:00

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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

2020-03-01T22:00:00+00:00

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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

2020-02-23T19:00:00+00:00

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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

2020-02-19T17:24:00+00:00

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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

2020-02-02T15:57:00+00:00

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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

2020-01-15T13:25:00+00:00

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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

2020-01-13T11:46:00+00:00

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