PRESS RELEASE. Tallinn, Estonia – Gofaizen & Sherle, a leading fintech and crypto consultancy firm based in Estonia, has recently launched its first crypto product for the United Arab Emirates (UAE). The product is designed to assist businesses and startup owners in obtaining crypto licenses in two key zones in UAE – the DMCC free…
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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: Ethereum Foundation Doubles Bug Bounty to $500K, Oasys Partners with SBI VC Trade, The Graph Integrates with Banxa, Tether’s Excess Reserves to Increase by $700M in Q1 2023…
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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: 45% Jump in Payment Fraud Attacks on Crypto Exchanges, Court Rejects Reason to Halt Binance.US’ Acquisition of Voyager, India & UAE Partner on CBDC Plans, Xapo Bank Integrates…
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India’s central bank, the Reserve Bank of India (RBI), and the Central Bank of the United Arab Emirates (UAE) have agreed to collaborate on cross-border central bank digital currency (CBDC) transactions of remittances and trade. The initiative is “expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India…
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Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials’ attention last week. American lawmakers and regulators continue to compete in their creative efforts to propose anything but comprehensive game rules for the crypto industry. Senators Edward Markey and Richard Blumenthal have penned a letter asking Meta CEO Mark…
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The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities. Ras Al Khaimah’s recently announced free zone for virtual asset firms will explore accepting crypto payments from companies looking into setting up their businesses in the emirate, a lawyer involved in the hub’s development said.…
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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: Casper Labs’ Collab with Google Cloud, Yuga Labs’ Experimental Collection, Robinhood’s Subpoena, Trezor’s Silicon Chips, UAE’s Digital Asset Companies Free Zone Read more »Sign up for e-EUR –…
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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: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet Read more »Sign up for e-EUR – the…
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Abu Dhabi’s technology sector has introduced a fresh initiative to finance Web3 startups, blockchain technologies, and metaverse applications in the capital of the United Arab Emirates, with an impressive commitment of over $2 billion in capital. The capital’s tech ecosystem, called Hub71, has officially launched its brand new Hub71+ Digital Assets, which will be based…
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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 objectives. One of these objectives is the research and development of a central bank digital currency (CBDC) designed to address both cross-border payments and domestic…
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