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The UAE Securities and Commodities Authority warns investors about major risks of ICOs, pointing out lack of regulations, misleading deals and low awareness of potential costs and gains. #NEWS Go to Source Powered by WPeMatico
A lot of interesting things are happening in the United Arab Emirates as we speak. Perhaps the biggest project to date is a completely new city which is home to driverless cars, greenhouses, and villas powered by solar energy. The current cost of building this new city comes to $354 million, although that number may increase … Read more
Chinese cloud-based solutions service, Seven Stars Cloud Group, Inc. (SSC), announced this week its 27 percent purchase stake of US crypto blockchain exchange Delaware Board of Trade Holdings Inc. (DBOT). SSC is owned and run by entertainment mogul Bruno Wu, who many analysts believe is trying to get in on the near-half a trillion cryptocurrency … Read more
We have seen several central banks contemplate issuing their own digital currencies. So far, none of these projects have actually come to fruition. A new partnership between the UAE and Saudi Arabia’s central banks may change all that in the near future. Both entities are working on their own digital currency and blockchain-based system. Another Bank-issued … Read more
