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United Arab Emirates

BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
UAE securities regulator approves digital currency trading in Dubai free zone
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27 September, 2021

UAE securities regulator approves digital currency trading in Dubai free zone

The Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority to allow digital currency...
Dubai is positioning itself to benefit from digital currencies: Bittrex CEO
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3 September, 2021

Dubai is positioning itself to benefit from digital currencies: Bittrex CEO

The digital currency industry continues to advance in Dubai, which Bittrex CEO Stephen Stonberg describes as a great place to...
Unbanked migrants in UAE to benefit from digital currency remittances
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11 August, 2021

Unbanked migrants in UAE to benefit from digital currency remittances

As UAE moves towards opening the first licensed digital currency exchanges in the territory, its large migrant population is eagerly...
UAE central bank sets sights on digital currency launch
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16 July, 2021

UAE central bank sets sights on digital currency launch

In its 2023-2026 roadmap, the Central Bank of the UAE has identified seven areas that it will focus on as...
BSV Stories – Episode 4: Middle East joins the global blockchain race
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13 July, 2021

BSV Stories – Episode 4: Middle East joins the global blockchain race

CoinGeek’s Claire Celdran visited Dubai, the largest city in the United Arab Emirates, to learn more about what the government...
Don’t miss the premiere of BSV Stories Episode 4 on July 13
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12 July, 2021

Don’t miss the premiere of BSV Stories Episode 4 on July 13

Join us for the premiere of BSV Stories – Episode 4 on July 13 to learn more about blockchain in...
China joins Hong Kong and Thailand in CBDC research project
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27 February, 2021

China joins Hong Kong and Thailand in CBDC research project

China and the United Arab Emirates have joined a research initiative that studies the feasibility of a central bank digital...
UAE gov’t agency KIKLABB now accepts digital currency payments
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22 February, 2021

UAE gov’t agency KIKLABB now accepts digital currency payments

KIKLABB, a Dubai-based license bureau, will allow citizens to pay for their visa and trade license fees in digital currencies.
Project Aber: CBDC an improvement over current fiat systems
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3 December, 2020

Project Aber: CBDC an improvement over current fiat systems

Two of the largest economies in the Middle East have described a central bank digital currency as an improvement over...
UAE introduces blockchain-powered Agriota to help farmers in India
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13 September, 2020

UAE introduces blockchain-powered Agriota to help farmers in India

The United Arab Emirates has introduced a new e-commerce platform to aid the relations between its food industry and farmers...
UAE exchange Emirex rolls out support for Bitcoin SV
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28 August, 2020

UAE exchange Emirex rolls out support for Bitcoin SV

Emirex plans to launch the BSV/AED trading pair at a later date, becoming the first platform to offer a BSV...