Tag: uae

Sep 26 2021

UAE Wants to Create a Crypto Hub in the Middle East

Sep 26 2021 Published at UseTheBitcoin under tags  bitcoin breaking crypto news dubai uae

There could be a new cryptocurrency hub in the Middle East thanks to the United Arab Emirates (UAE). UAE’s Securities and Commodities Authority (SCA) wants to support both […]

Sep 25 2021

UAE Authorities Sign Agreement To Support Crypto Trading

Crypto adoption in the Middle East is higher than it has ever been. And regulatory frameworks to support crypto-related financial services are growing. The United Arab Emirates' Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority (DWTCA). This agreement aims to support the regulation and trading of cryptocurrencies in...

Sep 23 2021

Dubai World Trade Centre Authority and SCA Agree to Support Crypto Trading

The authorities have signed an agreement to support crypto trading within DWTCA’s free zone.

Jul 13 2021

UAE Central Bank Sets Roadmap for CBDC Launch

The central bank prioritizes CBDC for its 2023-2026 roadmap.

Jul 12 2021

Just-In: UAE Central Bank Sets CBDC Strategy Deadline

UAE Central Bank (UAECB) has announced its strategic objectives for 2023-2026, with their new and enhanced Digital Strategy that would include the much- awaited and grand launch of Central Bank Digital Currency (CBDC). UAE Central Bank has been discussing its interest in CBDC for a while now, and the 2023-2026 Strategy has provided a definite timeline The post Just-In: UAE Central Bank Sets CBDC...

Jun 30 2021

Feb 17 2021

Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin

Feb 17 2021 Published at CoinDesk under tags  business dubai government news payments

The free zone accepts payments in bitcoin, ether and the tether stablecoin.

Nov 30 2020

Saudi Arabia Inches Closer to Officially Launch Digital Currency with UAE

SAMA and the central bank of the UAE jointly published a report to show key benefits of a CBDC.

Nov 29 2020

Bilateral Saudi, UAE Digital Currency Experiment Shows Benefits of Distributed Ledgers, Central Banks Say

A joint Saudi and UAE CBDC pilot found that a distributed payment system offers “significant improvement over centralized payment systems.”

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