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UAE
MidChains CEO on UAE’s Crypto Landscape
As of this February, cryptocurrencies including bitcoin, ether, and stablecoin tether have been accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai, which became the first UAE government to officially embrace bitcoin.
Crypto Captures the Mideast Market
"The Crypto Lawyer” Irina Heaver explains the state of crypto in the Middle East, discussing why the region could be the best place to set up shop for international crypto companies. Plus, Blossom Labs Founder & CEO Matthew Bartin discusses how his firm is helping solve the challenge of halal financial access. Could the UAE emerge as the world's next crypto hub?
HSBC Goes Live on UAE's 'KYC' Blockchain Platform
Data shared over the platform's blockchain enables institutions to see shared data about new customers.
Egypt's Largest Bank Joins Ripple Network for Cross-Border Payments
Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.
Central Banks of China, UAE Join Blockchain-Based CBDC Payments Project
The project will explore the capabilities of a DLT-based central bank digital currency in regional payments.
Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin
The free zone accepts payments in bitcoin, ether and the tether stablecoin.
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.”
BitOasis Clears Hurdle in Bid to Launch Regulated Crypto Asset Exchange
BitOasis has secured an in-principle approval, taking it one step closer to offering a regulated crypto exchange to the Middle East.
Bithumb Kicks Off Middle East Expansion With UAE Crypto Exchange
South Korean cryptocurrency exchange Bithumb plans to expand in the Middle East, starting with a licensed exchange in the UAE.
Two Remittance Firms Go Live With Ripple-Based Payments to Thailand
Remittance firms UAE Exchange and Unimoni now offer blockchain-based payments to Thailand using RippleNet.
