Why Crypto Companies Are Warming to the United Arab Emirates
Why Crypto Companies Are Warming to the United Arab Emirates Source
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Emirates
Binance eyes United Arab Emirates as ‘focal point’ for future operations
The United Arab Emirates is becoming the next big focus for Binance in the wake of a slew of enforcement actions in the United States against the crypto exchange.Speaking to Cointelegraph, Binance Dubai general manager Alex Chehade said the UAE is a prime destination for crypto businesses seeking a clear
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Emirates Group Reports Record Annual Profit of $3B after Prior Devastations of Covid-19 Restrictions
Emirates Group announced global freight expansion to different destinations including Tanzania, Germany, Canada, and Brazil. Emirates Group, a state-owned Dubai-based international aviation holding company, released its 2022-2023 financial results. According to the announcement, Emirates achieved a record annual profit of AED 10.9 billion, approximately $3 billion. The airline service company was
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Lawyer explains new federal virtual asset law in the United Arab Emirates
The United Arab Emirates (UAE) Cabinet has decided to pass a new law that governs virtual assets, setting up the country's initial regulatory regime for the cryptocurrency space at the federal level. Before the federal-level regulation, the UAE already introduced several supervisory initiatives for digital assets in financial free zones like
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Crypto Exchange CoinCorner Eyes Middle East Expansion Via Partnership With Emirates CEO's Private Office
U.K. crypto exchange CoinCorner is looking to expand across the Middle East through a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum, CEO of the Emirates airline and member of the ruling family of the United Arab Emirates (UAE). Original Source
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Kraken awarded crypto trading license in the United Arab Emirates
Californian crypto exchange Kraken becomes the second virtual asset platform after Binance to receive regulatory approval to operate in the Abu Dhabi international financial center and free zone, Abu Dhabi Global Market (ADGM).In a CNBC interview, Kraken’s managing director Curtis Ting explains the importance of diversifying trading pairs to local
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Loyyal Signs Three Year Production Agreement with The Emirates Group for Use of Blockchain Loyalty and Rewards Platform
Bitcoin$9,718.61 Rank1SymbolBTCPrice$9,718.61Changes 24h 1.37%Total Volume39,355,127,291.00Market Cap177,181,106,769.00Circulating Supply18,229,637.00XRP$0.276 Rank3SymbolXRPPrice$0.276Changes 24h 0.367%Total Volume2,854,573,576.00Market Cap12,030,100,017.00Circulating Supply43,734,776,327.00Ethereum$264.51 Rank2SymbolETHPrice$264.51Changes 24h 3.57%Total Volume19,638,470,102.00Market Cap29,026,351,663.00Circulating Supply109,792,317.69EOS$4.13 Rank8SymbolEOSPrice$4.13Changes 24h 3.78%Total Volume3,989,414,867.00Market Cap3,994,828,267.00Circulating Supply966,042,984.57Stellar$0.072 Rank14SymbolXLMPrice$0.072Changes 24h 3.21%Total Volume339,776,532.00Market Cap1,455,697,612.00Circulating Supply20,187,010,816.78Tether$1.000 Rank7SymbolUSDTPrice$1.000Changes 24h -0.04%Total Volume48,099,748,514.00Market Cap4,289,689,725.00Circulating Supply4,288,917,905.08Bitcoin Cash$377.93 Rank4SymbolBCHPrice$377.93Changes 24h -0.20%Total Volume6,476,659,802.00Market Cap6,917,342,485.00Circulating Supply18,290,677.15Litecoin$73.56 Rank6SymbolLTCPrice$73.56Changes 24h 6.02%Total Volume5,188,539,585.00Market Cap4,718,065,865.00Circulating Supply64,130,596.57Bitcoin
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Dubai, Emirates NBD Sign MoU on Blockchain Trade Finance Solutions
The Dubai Chamber of Commerce and Industry (DCCI) has signed a memorandum of understanding (MoU) with Emirates NBD.Middle Eastern news daily Saudi Gazette reported on Oct. 14 that the DCCI, which acts as an international business hub in Dubai, has signed an MoU with Dubai government-owned bank, Emirates NBD. The
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United Arab Emirates Ministry of Health Launches Blockchain System
United Arab Emirates’ (UAE) Ministry of Health and Prevention (MoHAP) launched a blockchain system for recording and sharing information of healthcare workers in health facilities.The official news agency of the UAE reported the development on Sept. 18, noting that the system aims to improve data integrity.A healthcare data sharing
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