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Tuesday, March 21, 2023

Dubai

News

UAE Bank Launches Financial Infrastructure Transformation Program

Collins Adane -
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...
News

Dubai Mandates Licensing for Crypto Firms in New Regulatory Rule

Abdulkarim Abdulwahab -
Dubai regulatory body issues rules for crypto firms covering exchange services and advertising. The penalty for non-compliance is a fine between $5,400 and $54,451.32. The issuance...
Market

Only Nigeria in Africa Ranks Among the Top 15 World Crypto Hubs

Abdulkarim Abdulwahab -
Recap ranked London with the greatest crypto-readiness to attract firms and startups. The indicators include crypto-related jobs, BTC ATM count, and crypto ownership. Only one African...
News

Dubai Second Most Crypto-Ready City In The World: Ranked By Recap

Ross -
A study by Recap placed Dubai as the second most crypto-ready city globally. The report had London in the first position due to its thriving...
News

Crypto Has a Major Role in UAE’s Global Trade; Says Al-Zeyoudi

Nynu V Jamal -
Thani Al-Zeyoudi, the MoS for Foreign Trade, declared that crypto would have a major role in the UAE’s global trade. He added that UAE aspires...
News

DMCC Hails 2022 as the Best-ever Year; Registers 3049 Members

Nynu V Jamal -
DMCC declared 2022 as the best-ever year as it registered newer businesses. In 2021, the company registered 2,485 members, while in 2022, it registered 3,049...
News

Crown Prince of Dubai Approves Metaverse Strategy’s New Phase

Nynu V Jamal -
Sheikh Hamdan bin Mohammed approved the new phase of the Dubai Metaverse Strategy.This move could turn Dubai into a top metaverse economy, enhancing the...
News

Political Ideology Of Crypto Is Right-Wing Racist: Nouriel Roubini

Coin Edition -
Turkish American economist Nouriel Roubini calls out the crypto industry for being heavily right-winged.Roubini was called a zionist for criticizing Binance for acquiring an...
News

FTX’s SBF Under ‘Supervision’ in Bahamas, Wants to Flee to Dubai

Coin Edition -
FTX’s SBF is under supervision along with executives Gary Wang and Nishad Singh.They are reportedly attempting to flee to Dubai.Kraken has announced that FTX’s...
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