6 / 6 Relevant items tagged with #UAE
Posts: 160
Posts
Crypto to play 'major role' in UAE trade: foreign trade Minister
[Jan 20, 2023 8:31 PM] UAE’s minister of state for foreign trade Thani Al-Zeyoudi noted that as the country has attracted a lot of talent from the crypto sector, the UAE now needs to roll out the correct regulation to support further growth.
Crypto makes history in 2022: Five instances of governments embracing digital assets
[Jan 1, 2022 3:14 PM] Even amid the market breakdown and repetitive public attacks on the industry, some of the officials found the courage to embrace the innovation.
Crypto OTC trading to get traction due to FTX fiasco, exec says
[Dec 27, 2022 4:30 AM] The FTX crash could trigger a bigger demand for crypto OTC services as investors are looking for alternative crypto exchange methods amid weak trust in CEXs.
Sheikh Hamad Salem Becomes a MaskEX Shareholder as Both Parties Collaborate to Develop a Smart City in the UAE
[Dec 23, 2022 6:00 AM] PRESS RELEASE. Sheikh Hamad Rakadh Salem Hamad Alameri, a well-known Sovereign Wealth Fund (SWF) member of the Royal Family in Abu Dhabi, United Arab Emirates, has officially become a MaskEX shareholder following the signing of a Memorandum of…
Another Member of Russian Crypto Pyramid Finiko Arrested in UAE
[Dec 11, 2022 4:30 AM] Law enforcement authorities in the United Arab Emirates have detained a top Finiko representative, sought for his role in the crypto Ponzi scheme which defrauded thousands of investors around the world. This is the second arrest in the Gulf state…
Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years
[Dec 7, 2022 11:00 AM] Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the…
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
[Nov 23, 2022 1:00 PM] The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each…
Co-Founder of Russia’s Largest Crypto Pyramid Finiko Arrested in UAE
[Nov 18, 2022 6:30 AM] One of the founders of Russia’s most notorious Ponzi scheme in recent times, Finiko, is in detention in the United Arab Emirates, according to a Russian media report. The close associate of the crypto pyramid’s mastermind left the Russian…
Law Decoded, Nov. 7–14: How regulators reacted to the FTX crash
[Nov 15, 2022 4:17 AM] While some lawmakers expressed their eagerness to quick up the regulatory progress, others blamed the SEC in FTX’s monopoly.