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BUSINESS

Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

Nik -
The international banking group has been granted a licence by the Dubai Financial Services Authority, allowing it to custody its clients' digital assets.
BUSINESS

Gemini Exchange To Acquire License To Operate In United Arab Emirates

BtcCasey -
Gemini’s move is another sign of exchanges seeking alternatives to the American market as regulatory uncertainty takes its toll.
BUSINESS

Royal Family of Dubai Company Seed Group Partners With CoinCorner To Facilitate Bitcoin Transactions In The UAE

Nik -
Seed Group will help CoinCorner expand their operations into the UAE and access top decision-makers in the government as well as private sectors.
BUSINESS

Luxury Resort Palazzo Versace Dubai Now Accepts Bitcoin

Shawn Amick -
In partnership with Binance, the luxury resort now accepts bitcoin for goods and services on-site and plans to launch online payments in the near future.
CULTURE

Darknet Markets Can’t Live With — or Without — Bitcoin

David Hollerith -
Inside the darknet market seizure made possible by Bitcoin.
MARKETS

Abu Dhabi Fund Invests in Crypto Exchange

Jimmy Aki -
The exchange, MidChains, is expected to launch in late 2019 in the Abu Dhabi Global Market.
BUSINESS

Dubai’s Global Blockchain Council Combats “Conflict Diamonds” Trading

Diana Ngo -
Dubai’s Global Blockchain Council (GBC) is running a pilot project called Operation Kimberley, which aims to use blockchain technology to digitalize the issuance and...
BUSINESS

Bitcoin Exempt from UAE Central Bank’s Ban on Virtual Currencies

Alex Lielacher -
On January 1, 2017, the Central Bank of the United Arab Emirates (UAE) published a new framework covering digital payments in the country. According...
BUSINESS

UAE Pushes Blockchain Tech Development to Become a Leading Center for Innovation

Diana Ngo -
The United Arab Emirates is ramping up blockchain development in a bid to become, by 2020, a leading center for innovation and the first...
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