Uae Financial News

13.02 / 11:57

CBDC regulation Central Bank Financial 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 infrastructure transformation (FIT) program.

10.02 / 17:19

Law Adoption Binance regulation Dubai Crypto projects respond to privacy coin ban in Dubai

The Virtual Asset Regulatory Authority (VARA) recently provided the much-awaited guidelines for virtual asset service providers (VASPs) in Dubai, United Arab Emirates, which included a ban on privacy coins.

09.02 / 13:49

regulation privacy coins Dubai Takes a Stand Against Privacy Coins with Ban on Anonymity-Enhancing Crypto

Dubai, a jurisdiction in the United Arab Emirates (UAE), prohibited by law the issuance of privacy coins such as monero (XMR) and zcash (ZEC), as well as any activity related to them.

08.02 / 17:07

Adoption Web3 Metaverse Future Saudi Arabia partners with The Sandbox for future metaverse plans

Initiatives toward metaverse development continue to be a significant focus and key interest in the Middle East region, as the LEAP conference in Riyadh, Saudi Arabia, highlights key topics in the industry.

07.02 / 16:47

business Law regulation services Dubai releases crypto regulations for virtual asset services providers

The Virtual Asset Regulatory Authority (VARA), the regulator in charge of overseeing cryptocurrency laws within Dubai, has issued new guidelines for virtual asset service providers (VASP) operating within the emirate.

03.02 / 19:25

Blockchain Provident Lowe's Career CEO Align Abu Dhabi University and 5ire Collaborate to Democratize Blockchain Education and Research

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

03.02 / 16:27

Provident Saudi Central Bank engages with fintechs and banks on CBDC

During this phase, the project will explore CBDC economic impact, market readiness, and potential robust and fast applications of a CBDC-based payment system.

29.01 / 23:57

UPS BTC FIVE Digital CoinMarketCap Bitcoin Bitcoin Price Prediction as Bulls Push BTC Above $23,000 – How High Can BTC Go?

On January 29, Bitcoin price has surged over 2.5%, with the leading cryptocurrency reaching a price of over $23,500. The surge in bitcoin’s price has been fueled by institutional buying and the expectation of further adoption.

26.01 / 03:37

Provident Saudi Central Bank engages with fintechs and banks on CBDC

During this phase, the project will explore CBDC economic impact, market readiness, and potential robust and fast applications of a CBDC-based payment system.

25.01 / 07:47

Blockchain CBDC Adoption Saudi Central Bank still researching CBDC, but no decision on deployment

The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (CBDCs) but is yet to announce a deployment.

21.01 / 20:43

Adoption play UAE Minister Says Crypto Will Play a "Major Role for UAE Trade Going Forward"

The United Arab Emirates plans to use crypto for trade in the future and also set up a working regulatory framework, according to the country's minister of state for foreign trade.

21.01 / 06:23

regulation Bloomberg FTX foreign play 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.

20.01 / 10:17

Blockchain 11th Global Blockchain Congress by Agora Group on March 6th & 7th in Dubai, the UAE

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

19.01 / 11:57

Government Adoption World Economic Forum Davos NOT Metaverse not the endgame, but 'ongoing digital transformation': Davos 2023

The metaverse has been a buzzword inside and out of the Web3 world over the last year. Moreover, development in the metaverse is something that has remained strong relative to the overall turmoil of the decentralized space.

19.01 / 05:31

business Blockchain Ripple SEC Ripple CEO: XRP lawsuit resolved by June, SEC conduct 'embarrassing'

Ripple CEO Brad Garlinghouse expects the firm’s long-running dispute with the Securities Exchange Commission (SEC) will be finalized within “single-digit months” and remains confident in securing a favorable outcome.

14.01 / 19:03

Blockchain Adoption World Economic Forum Davos Cointelegraph heads to Davos for World Economic Forum

As the World Economic Forum brings global leaders together to tackle global issues, a number of cryptocurrency and blockchain events will create a vibrant sideshow in the snowy ski destination in the Swiss Alps.

13.01 / 16:39

regulation Lawyer Lawyer explains new federal virtual asset law in the United Arab Emirates

The United Arab Emirates (UAE) Cabinet has decided to pass a new law that governs virtual assets, setting up the country's initial regulatory regime for the cryptocurrency space at the federal level.

11.01 / 17:17

Blockchain Adoption Investments Abu Dhabi-based Venom Foundation launches $1B fund for Web3 and blockchain

Abu Dhabi-based blockchain platform Venom Foundation and investment manager Iceberg Capital announced they will allocate $1 billion of funding to Web3 and blockchain firms through a new partnership.

03.01 / 11:41

business regulation FTX Digital Currency Group Terra Su Zhu gets called out by the community as he fires off accusations against DCG

As liquidity issues surround the Digital Currency Group (DCG), Three Arrows Capital (3AC) founder Su Zhu made a Twitter thread containing allegations against DCG and FTX. However, the founder immediately got called out by the crypto community for blaming others and not taking accountability.

02.01 / 00:35

Adoption Crypto makes history in 2022: Five instances of governments embracing digital assets

The year 2022 wasn’t the best one in terms of crypto reputation among regulators and policymakers. However, even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation. Some of the names are not new, while others showed progress significant enough to include them in this listicle. The United Arab Emirates and El Salvador continued to push their crypto agenda and the United Kingdom showed great effort to lay the regulatory foundation, while Brazil and the Central African Republic legally recognized the cryptocurrencies.

28.12 / 14:41

Hack Hackers phishing scam Kaspersky Report: North Korean Hackers Impersonating Crypto VCs in New Phishing Scam

BlueNoroff, a subgroup of the North Korean state-sponsored hacking group Lazarus, is now impersonating venture capitalists looking to invest in crypto startups in a new phishing method.

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