Business 15 October 2019

MeleCoin not registered to operate in Dubai, financial authority warns

The company poses as a legitimate firm offering crypto onboarding, but the regulator has exposed it to the public.

Business 1 August 2019

KYC data sharing consortium to launch on a blockchain in Dubai

Three companies are combining to create a KYC blockchain system which they hope will be done by the end of 2020.

Business 3 July 2019

Dubai Chamber of Commerce, ICC Perlin partner on new trade solutions

Dubai’s Chamber of Commerce is setting itself up to be a leader in blockchain for the Middle East and Africa.

Tech 11 June 2019

Dubai Land Department pushing for real estate blockchain innovation

Dubai has the goal of being the smartest city in the world, and new standards and agreements by the Dubai Land Department look to help them get there.

Tech 29 May 2019

Mashreq Bank and Dubai Land Department unveil new e-mortgage system

The Mashreq Bank has teamed up with the Dubai government office to make real estate investment faster and easier.

Business 22 March 2019

Dubai’s only crypto ATM pulled after just 2 days

The ATM had been installed by crypto ATM distributor Amhora, but it now appears that local regulators didn’t approve of the absence of KYC guidelines and ordered the teller removed.

Business 7 November 2018

Crypto Bulls launches first UAE-registered crypto exchange

Crypto firm Crypto Bulls has teamed up with Al Zarooni Group and Gulf Coin Gold to launch the Crypto Bulls exchange, an exchange which will focus on the Dubai market.

Tech 1 November 2018

Smart Dubai, iBM launch gov’t-backed blockchain platform as-a-service

Dubai has rolled out the first government-endorsed blockchain platform as-a-service in the United Arab Emirates (UAE).​

Business 30 April 2018

Dubai police use AI to nab group behind $1.9M crypto heist

Ten members of a gang have been arrested in Dubai, accused of carrying out a cryptocurrency heist that resulted in the theft of $1.9 million worth of BTC.

Business 27 February 2018

The USI Tech conundrum—is it a pyramid scam or not?

One of the schemes that has had quite a bad press is the one run by Dubai-based USI Tech, which has already abandoned operations in the U.S. and Canada.