HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology. Go to Source Powered by WPeMatico
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Nasdaq Dubai rolls out trading for 3iQ’s Bitcoin Fund
3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April. Go to Source Powered by WPeMatico
Dubai Airport Free Zone welcomes crypto assets with new SCA agreement
Dubai aims to attract foreign crypto investors. Go to Source Powered by WPeMatico
UAE employs blockchain tech for remote litigation services
The UAE government’s adoption of blockchain technology for its legal notary services builds on its ambitions to go completely digital. Go to Source Powered by WPeMatico
UAE minister of economy: Crypto & tokenization “key” to doubling GDP
A government-run token exchange could be on the horizon for the United Arab Emirates Go to Source Powered by WPeMatico
Major Asian banks unite to form ‘multiple’ CBDC pact on blockchain
Some of Asia’s largest banking institutions are working together on a “multiple” CBDC project, designed to cross borders and navigate regulations easier than fiat. Go to Source Powered by WPeMatico
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues trade and other licenses as well … Read more
Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had met several technical, operational, and security requirements … Read more
ZelaaPayAE: UAE Will Now Have a Crypto Debit Card
PRESS RELEASE. ZelaaPayAE, with a vision to build and improve the financial structure, introduces a Crypto Debit Card with the ability to be swiped not just in UAE but also globally. Partnering with Baanx, ZelaaPayAE is providing Mastercard enabled Debit Card featuring personalized cards with a low monthly fee and extreme accountability. What makes it … Read more
Bahrain central bank licenses Sharia-compliant crypto exchange
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. Go to Source Powered by WPeMatico
