Category: UAE

Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets

The Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate transactions with cryptocurrency-based…

Exchanges Roundup: First UAE-Based Exchange, LXDX to Launch Security Token Offering

A partnership between Al Zarooni Group, Crypto Bulls and Gulf Coin Gold has fostered the launch of the first cryptocurrency…

Abu Dhabi Securities Exchange Issues Thought Paper on Crypto and Blockchain

The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets,…

‘Halal Coins Only’: First Islamic Crypto Exchange to be Launched in 2019

The ADAB Solutions project, based in the United Arab Emirates, is planning to launch FICE — the First Islamic Crypto…

Dubai – the Blockchain Oasis of the UAE: From Public to Private Sector

In some countries around the world, governments have had a stifling effect on the adoption of blockchain technology. Conversely, the…

Dubai Government-Backed Digital Currency Will Get Its Own Payment System

Consumers in Dubai will soon be able to use digital currency to pay for goods, services, and utilities following a…

UAE Securities Regulator to Introduce ICOs for Capital Markets in 2019

The United Arab Emirates (UAE)’s national securities regulator plans to introduce Initial Coin Offerings (ICO) for capital markets in 2019,…

United Arab Emirates to Allow ICOs as Corporate Funding Option

The United Arab Emirates (U.A.E.) has announced plans to introduce new rules that would permit initial coin offerings (ICOs) as…

Dubai Department of Finance Launches Blockchain-Based Payment System for UAE Gov’t

The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-powered payment system.…

Abu Dhabi Regulator Calls for International Cryptocurrency Regulation Effort

The head of the financial regulator of the United Arab Emirates (UAE) capital Abu Dhabi wants “proper” international regulation of…

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