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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

Saudi Crown Prince Mohammed bin Salman arrived in the United Arab Emirates for an official visit yesterday to discuss joint policy measures, including a digital...

Saudi-UAE Leaders Confirm Forthcoming Jointly-Issued Digital Currency

2019-11-28T11:01:00+00:00

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A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent “Sharia-compliant” cryptocurrency and a host of other get-rich-quick schemes...

‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail

2019-11-01T08:49:00+00:00

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Can the U.K. draw inspiration from the UAE and China to regulate cryptos instead of banning them? FCA decides.

The Future of Cryptocurrencies in the UK Hangs on FCA’s Decision

Sritanshu Sinha

2019-10-29T12:57:00+00:00

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As crypto regulation is accepted in UAE blockchain projects could stand to benefit.

UAE Accepts Crypto Regulation, Blockchain Projects Stand to Benefit

2019-10-27T09:20:00+00:00

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Here is a list of where and how to secure ownership rights for businesses and real estate through a blockchain.

Blockchain Registers for Recording Ownership Rights Around the World

2019-10-26T15:59:00+01:00

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Developer of the world’s tallest building Burj Khalifa will launch its new blockchain token-based referral and loyalty platform in 2019.

Burj Khalifa Developer Emaar to Launch Tradeable Reward Token EMR

2019-10-17T21:27:00+01:00

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The UAE’s Securities and Commodities Authority will be collecting public feedback on drafted regulations on crypto assets until Oct. 29.

UAE Financial Watchdog Asks for Public Feedback on Crypto Regulation

2019-10-15T17:20:00+01:00

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The Dubai Chamber of Commerce and Industry has signed a memorandum of understanding with Emirates NBD for blockchain-based trade finance.

Dubai, Emirates NBD Sign MoU on Blockchain Trade Finance Solutions

2019-10-14T21:41:00+01:00

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