Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
Tag: UAE
India and UAE to develop an interoperable CBDC between countries
India and the United Arab Emirates (UAE) have entered into a collaboration on central bank digital currencies (CBDCs), according to the official announcement published on March 15, 2023. The press rel...
Islamic Coin brings UAE royalty into cryptocurrencies
In recent months, the problem of conforming the Shariah financial system with digital currencies has found a solution that suits everyone – at least, that’s what growing support for the Islamic Coin p...
UAE Emirate to Launch Free Zone for Digital Asset Firms
Ras Al Khaimah, one of the seven Emirates that make up the United Arab Emirates (UAE), announced the launch of a free zone for digital asset firms. Ras Al Khaimah, one of the seven emirates of the UAE...
Kraken Is Closing Its UAE Offices
Problems continue for major digital currency exchange Kraken. After forfeiting its position in Japan, closing its offices there, and letting all employees go in that division, the company has now had ...
UAE emirate to launch free zone for digital and virtual asset firms
Ras Al Khaimah, one of the United Arab Emirate’s (UAE) seven Emirates, is set to launch a free zone for digital and virtual asset companies as the country’s approach to the industry continues to attra...
UAE to create exclusive free zone for digital, virtual asset companies
Ad The government of Ras Al Khaimah is set to unveil a new free zone tailored for digital and virtual asset firms as the United Arab Emirates (UAE) strengthens its position as a magnet for players in ...
UAE Launching Free Zone Digital And Virtual Asset Companies
The city of Ras Al Khaimah (RAK), UAE, intends to introduce a free zone for digital and virtual asset companies. The government of Ras Al Khaimah says this free zone will be called the RAK Digital Ass...
UAE sets the stage for blockchain giants with free zone launch – Cryptopolitan
The United Arab Emirates (UAE) continues to attract global crypto players with its friendly regulations towards the digital asset industry. The latest development is the launch of a free zone in Ras A...
UAE Launched FIT Program to Issue CBDC for cross-border payments
New plans to introduce CBDC for domestic purposes and cross-border payments. Crypto will play a vital role in UAE global trade market. UAE has emerged as a buzzing hub for crypto and digital innovatio...
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives – Bitcoin News
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objecti...
UAE to issue CBDC for digital payments
The latest developments on the United Arab Emirates (UAE) financial infrastructure transformation (FIT) program highlights the country’s Apex bank’s intention to launch a central bank digital currency...
UAE Bank Launches Financial Infrastructure Transformation Program
The Central Bank of the UAE launches Digital Financial Initiatives via Financial Infrastructure Transformation Programme (FIT). The FIT program includes nine key digital finance initiatives that allo...
UAE central bank to issue CBDC as part of its financial transformation program
The Central Bank of the United Arab Emirates (CBUAE) is planning to launch a central bank digital currency (CBDC) for cross-border and domestic use as part of the first of its newly-launched financial...
UAE set to issue CBDC for cross-border payments and domestic usage
The Central Bank of the United Arab Emirates is set to launch its CBDC. The CBDCs are part of a larger program called FIT, which seeks to accelerate digital transformation. The Central Bank of the Un...
Why The UAE Central Bank Is Interested In Issuing A Digital Currency
In recent months, initiatives surrounding central bank digital currencies, (CBDC) have gained traction as banking authorities attempt to streamline cross-border transactions and stimulate innovation ...
Blockchain and Youth Summit on March 5-6 2023 in Dubai, UAE
The Blockchain and Youth Summit is set to take place on March 5-6 2023 in Dubai, UAE. This is the place where Finance meets Blockchain. This event is part of the celebratory occasion of the 50 years a...
Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says – Regulation Bitcoin News
The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensu...
UAE Trade Minister Says Country Will Embrace Crypto –
Join Our Telegram channel to stay up to date on breaking news coverage The UAE Minister of State for Foreign Trade, Thani Al-Zeyoudi, stated that “crypto will play a major role for UAE trade going for...
Neowiz Holdings— the creator of Intellar X, establishes blockchain entity in UAE – Cryptopolitan
South-Korean gaming giant Neowiz Holdings has announced its ambition to reach a wider audience by creating a blockchain enterprise in the United Arab Emirates, as reported by the Korean news site News...
UAE foreign trade minister announces crypto will shape country’s global trade – Cryptopolitan
Thani Al-Zeyoudi, Minister of State for Foreign Trade in the United Arab Emirates (UAE), recently announced that cryptocurrency would significantly influence global trade within his country’s borders ...
UAE will use crypto for foreign trade
The UAE Minister of State for Foreign Trade said that crypto will play a major role in its foreign trade transactions. Crypto outlook improving The economic environment for crypto seems to be improvin...
Crypto to play ‘major role’ in UAE trade: foreign trade Minister
Crypto will play a “major role” in the United Arab Emirates’ global trade moving forward, says the UAE’s minister of state for foreign trade Thani Al-Zeyoudi. Speaking with Bloomberg on Jan. 20 ...
No Crypto Firm Granted Full Market Product (FMP) License Yet by UAE
4 hours ago | 2 mins read Exchange News No cryptocurrency firm has yet to fulfil the four-step procedure required by the VARA. MVP licensees are not authorized to sell their services to mass retail cu...
Crypto will become a vital part of UAE trades, says minister
Thani Al-Zeyoudi, the United Arab Emirate minister of state for foreign trade, while speaking to Bloomberg at the world economic forum summit, hinted at the country’s plans to make crypto a critical p...
Crypto will have a major role to play in UAE, believes Foreign Trade Minister
UAE’s Minister of State for Foreign Trade believed that crypto was the way forward for the country. The country could become the next hub for digital assets, if all policies fall into place. Thani bi...
UAE Set To Adopt Crypto Into ‘Major Role’ In Trading Policies
The United Arab Emirates (UAE) is looking to adopt cryptocurrency in a ‘major role’ in its trading policies, according to a report by Bloomberg. Speaking with Bloomberg Television in Davos, Switzerlan...
UAE to Implement Relevant Regulation to Support Crypto Growth
Editors News The UAE seeks to expand into a welcoming center for cryptocurrencies. UAE Cabinet announced a label rule and an independent regulating body for virtual assets. Thani Al-Zeyoudi, the UAE’s...