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RBI and the Central Bank of UAE sign an MoU to promote innovation
16.3.2023
RBI (Reserve Bank of India) and CBUAE (Central Bank of the United Arab Emirates) recently signed an MoU (Memorandum of Understanding.) The development will allow the central banks to promote better collaboration and innovation in the financial domain. According to the MoU, both financial...
India, UAE Collaborate to Boost Cross-Border Central Bank Digital Currency Transactions
16.3.2023
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...
India and UAE To Collaborate on CBDC Development
15.3.2023
India and the United Arab Emirates (UAE) will collaborate on central bank digital currencies (CBDCs) by jointly conducting at least one pilot
Banking Crisis in U.S. Likely to Push Crypto Firms Offshore
14.3.2023
Alameda Research to sell interest in Sequoia Capital for $45M to Abu Dhabi
9.3.2023
The investment branch of FTX, Alameda Research, reached an agreement to sell its interest in Sequoia Capital for $45 million in cash to the Abu Dhabi sovereign wealth fund
Spain a Hotbed for Cryptocurrency Real Estate Deals, According to Study
7.3.2023
A recent study indicates that Spain is one of the hottest countries regarding real estate offerings that can be paid with cryptocurrency. The report, prepared by Forex Suggest, found that Spain is the country with the most properties available for crypto, followed by Thailand, Portugal, and...
American regulators are pushing hard against crypto: Law Decoded, Feb. 28–March 6
6.3.2023
Crypto mining operators, custodians and Binance personally received a fine doze of the United States officials' attention last week
UAE free zone to explore Bitcoin payments for services, lawyer says
3.3.2023
The free zone for virtual asset firms in the Ras Al Khaimah emirate aims to foster regulated and non-regulated activities
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
28.2.2023
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...
UAE emirate to launch free zone for digital and virtual asset firms
28.2.2023
Free-trade zones in the UAE are areas where entrepreneurs have 100% ownership of their businesses and have their own regulatory frameworks and tax schemes
Today in Crypto: ‘Many Existing Stablecoins Would Not Meet Coming Standards’, Fireblocks to Launch Off-exchange Service, Stellar & USDC Added to Wirex Wallet
20.2.2023
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...
Abu Dhabi Goes All-In on Crypto With $2 Billion Investment Program for Web3 and Blockchain Startups
16.2.2023
Abu Dhabi's tech ecosystem has launched a new initiative with over $2 billion of capital committed to funding Web3 startups, blockchain technologies, and metaverse apps in the United Arab Emirates capital.
The capital's tech ecosystem, called Hub71, has officially launched its brand new Hub71+...
Abu Dhabi to back the growth of Web3 startups with $2B
15.2.2023
The initiative promises to provide Web3 startups with access to corporate, government, and investment partners in both global markets and the UAE
Abu Dhabi Starts $2B Initiative to Back Web3 Startups
15.2.2023
The Hub71 + Digital Assets ecosystem will also back companies focusing on blockchain technologies
UAE’s Central Bank pushes for CBDC for financial transformation
14.2.2023
The UAE is looking to boost its cross-border payments while also enhancing its domestic financial infrastructure. This comes after the Central Bank of the UAE announced the issue of CBDC, short for central bank digital currency. The issuance of CBDC comes as a part of the financial infrastructure...
UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives
14.2.2023
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...
Today in Crypto: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with Crypto, MetaMask Warns Users About Phishing Attempts
13.2.2023
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: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with...
UAE Plans to Issue a CBDC to Promote Digital Payments
13.2.2023
The issuance of a digital dirham is one of nine key initiatives in the United Arab Emirates' new Financial Infrastructure Transformation Program
UAE central bank to issue CBDC as part of its financial transformation program
13.2.2023
The issuance of a CBDC aims to address inefficiencies in cross-border payments and drive innovation for domestic payments
Dubai Takes a Stand Against Privacy Coins with Ban on Anonymity-Enhancing Crypto
9.2.2023
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.
According to the new set of crypto regulations,
"The issuance of Anonymity-Enhanced Cryptocurrencies and all...