Tag: uae crypto

Sep 05 2022

Crypto Expert Gets Job As Chief Of Saudi Arabia’s Central Bank Digital Assets Program

Crypto is playing an important role in the vast financial landscape of Saudi Arabia. Mohsen Al Zahrani, a former managing chief at Accenture, has been chosen by the Saudi Arabian Monetary Authority (SAMA) to spearhead its digital assets and central bank digital currency development. The appointment of Al Zahrani is indicative of the Gulf state's apparent aspirations in the field of digital currencies,...

Apr 22 2022

UAE Grocery Delivery Service Accepts Crypto Payments

YallaMarket, a grocery delivery platform in the UAE, announced Wednesday that they now accept crypto payments for customer orders. While some governments evade the possibility of adopting metaverse and cryptocurrency, UAE has been an open city for crypto. The mass and global adoption of cryptocurrencies as payments is happening not just...

Mar 10 2022

UAE Close To Issuing New Regulatory Framework For Crypto Firms, Says Regulator

The Securities and Commodities Authority (SCA) has stated that the United Arab Emirates (UAE) is moving closer to providing a regulatory and supervisory framework that will control the country's virtual asset business. The Securities and Commodities Authority (SCA), a UAE securities regulator, has stated that it is close to "issuing the regulatory and supervisory framework related to virtual assets issued for investment purposes."...

Nov 29 2021

Jul 24 2021

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