In a significant move for cryptocurrency adoption, the Dubai Financial Services Authority (DFSA) has recognized Ripple’s XRP as a viable digital asset for use within its bustling financial sector. This development positions XRP in the spotlight of the Middle East's financial innovation, as Dubai continues to establish itself as a global free trade powerhouse. … [Read more...] about Dubai embraces XRP: A new chapter in financial innovation
UAE plans to digitally transform its financial sector
Emirati authorities want to achieve a “cashless society” … [Read more...] about UAE plans to digitally transform its financial sector
FTX obtains full license to operate in Dubai
The license will allow FTX to extend services in the MENA region … [Read more...] about FTX obtains full license to operate in Dubai
Binance receives crypto licence in Dubai
Binance has been granted a license to operate in Dubai, days after getting approval in Bahrain, further bolstering its presence in the Middle East. … [Read more...] about Binance receives crypto licence in Dubai
First bitcoin ATM set up in Dubai just to be removed 2 days later
Dubai has got its first bitcoin ATM that allows buying bitcoin without verification. … [Read more...] about First bitcoin ATM set up in Dubai just to be removed 2 days later
News in brief (November 12, 2018): Coinsource, Dubai Blockchain Platform, IBM, Tim Draper
- Coinsource received a Virtual Currency License from the New York State Department of Financial Services - Smart Dubai and IBM announced the launch of the Dubai Blockchain Platform - Tim Draper reaffirmed his prediction that the bitcoin price will reach $250,000 by 2022 … [Read more...] about News in brief (November 12, 2018): Coinsource, Dubai Blockchain Platform, IBM, Tim Draper
Dubai implements blockchain technology for tracking vehicles lifecycle
Arabian Business reported that Dubai's Roads and Transport Authority (RTA) will develop a vehicle lifecycle management system, based on blockchain technology. … [Read more...] about Dubai implements blockchain technology for tracking vehicles lifecycle