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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?

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The Dubai Department of Economic Development has announced a blockchain-based business registry platform.

Economic Dept. of Dubai Unveils Blockchain-Based Business Registry

2019-10-08T01:15:00+01:00

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The UAE Ministry of Community Development announced a new competition for building blockchain apps for the social sector.

UAE’s Social Ministry to Grant $16K in Blockchain Contest

2019-10-06T21:50:00+01:00

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South Korean blockchain provider Blocko launches in the United Arab Emirates after securing $16 million in funding.

Samsung-Backed Blockchain Firm Launches in UAE After Securing $16M

2019-10-03T02:10:00+01:00

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A blockchain system for recording and sharing healthcare data has been launched by the UAE’s Ministry of Health and Prevention.

United Arab Emirates' Ministry of Health Launches Blockchain System

Adrian Zmudzinski

2019-09-19T13:34:00+01:00

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The world’s thirteenth largest sovereign wealth fund, Abu Dhabi-based Mubadala Investment Capital, has made an investment in cryptocurrency exchange MidChains.

Abu Dhabi Sovereign Wealth Fund Invests in Cryptocurrency Exchange

2019-08-11T19:01:00+01:00

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Etihad Airways has partnered with blockchain-based platform Winding Tree to explore how blockchain can aid in products distribution excluding third parties.

Etihad Airways Integrates Travel-Focused Blockchain Platform Winding Tree

2019-08-08T21:58:00+01:00

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Skepticism to crypto in Islamic countries is not a pure rejection, but a result of uncertainty, according to an Islamic finance expert.

Islamic Finance Expert: ‘Halal Coin’ a Matter of Time and Awareness

2019-08-02T13:08:00+01:00

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Bittrex has partnered with crypto exchange and custodian provider Rain Management WLL to launch a regulated digital asset exchange for the Middle East and North...

Bittrex Launches Crypto Platform for Middle East Following New Partnership

2019-07-31T22:40:00+01:00

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