UAE – Page 6 – Ƀitsell X

Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments

July 5, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments…
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UAE’s Central Bank Introduces New Anti-Money Laundering Guidance for Crypto Businesses – Here’s the Latest

June 1, 2023

The UAE’s Central Bank just introduced new anti-money laundering (AML) and counter-terrorism financing guidelines for crypto businesses and financial institutions handling digital assets, according to an announcement on Wednesday. The new guidance applies to all licensed financial institutions (LFIs), which include banks, exchange houses, finance companies, payment service providers, brokers and insurance companies…. Read More:…
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Winklevoss twins’ crypto exchange Gemini to seek UAE crypto license

June 1, 2023

The United-States-based cryptocurrency exchange is now seeking a license in the United Arab Emirates as it seeks to escape “hostility and [a] lack of clarity” on regulations in the U.S. The Winklevoss-owned crypto exchange Gemini has announced that it has begun the process of acquiring a crypto service license for customers in the United Arab…
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Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

May 12, 2023

A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining infeasible, participants said. Advanced Crypto Mining Facilities in Abu Dhabi to Defy Cooling Challenges…
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Kenya partners with Abu Dhabi’s Venom Foundation to build blockchain, Web3 hub

May 11, 2023

The blockchain and Web3 hub will serve as a center for knowledge exchange and collaboration between technology firms and government entities in Africa. The Kenyan government has inked a deal with Abu Dhabi-based blockchain platform Venom Foundation to launch a blockchain and Web3 hub in Africa. The partnership will attempt to contribute to driving blockchain…
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Coinbase Targets UAE as Strategic Hub for Cryptoeconomy Expansion; Executives Attend Dubai Fintech Summit

May 8, 2023

Major US-based crypto exchange Coinbase has praised the United Arab Emirates (UAE), saying the region has the potential to become a “strategic hub” for the company. Writing in a blog post over the weekend, Coinbase called the UAE “a centre of web3 innovation,” with the emirate of Dubai alone home to some 500 startups and…
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Coinbase execs visit UAE to test potential of ‘strategic hub’ for international operations

May 8, 2023

“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top,” said Brian Armstrong at the Dubai Fintech Summit. Following United States-based crypto exchange Coinbase announcing the launch of its global derivatives platform, key executives at the firm are meeting with industry…
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UAE Securities Regulator Opens Door for Crypto Firms’ License Applications – Next Crypto Hub?

April 19, 2023

The United Arab Emirates’ (UAE) Securities & Commodities Authority has announced that it is now accepting applications for licenses by crypto firms wanting to set up offices in the country…. Read More: UAE Securities Regulator Opens Door for Crypto Firms’ License Applications – Next Crypto Hub? Read more »Sign up for e-EUR – the progressive…
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Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance

April 18, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Luno Leaving Singapore, Wirex Launching Private ‘Luxury Service’, Court Extends Creditor Protection for Babel Finance Read more »Sign up for e-EUR – the progressive stablecoin

Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance’s Derivatives License

April 6, 2023

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Sentiment Recovers 90% of Funds from Hacker, Major Chinese State-owned Company Launching Two Crypto Funds, Australian Regulator Cancels Binance’s Derivatives License Read more »Sign up for e-EUR –…
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Category: UAE