UAE's Minister of State for Foreign Trade said that the country would be pivoting to digital assets in 2023 after making significant headway in their regulation over the last few months.
Venom Ventures Funds (VVF) describes itself as a “blockchain-agnostic” fund “determined to make a meaningful impact by leveraging its financial strength to provide value.”
The new hub, dubbed "Blockchain Smart Technologies," will operate as SmartLedger's subsidiary covering North Africa, The Middle East, South East Asia, and India.
With the UAE's goal of becoming a global platform for innovative industries as well as Dubai's vision of becoming a knowledge-based, sustainable, and innovation-centric global hub by 2030, Blockchain Smart Technologies is excited to play an integral role in this new era of advancement.
Checkmate has been named as Arab Esports Federation's official chess platform, a team-up that is expected to massively transform the online gaming industry in the Gulf region.
Dubai's VARA has revoked the regional operating license of FTX MENA Minimum Viable Product, while other VASPs in the country have been mandated to fully disclose their exposure to FTX.
Pivoting to distributed ledger technologies could change the face of legal proceedings in the country and the entire Gulf region, according to ADGM Courts CEO Linda Fitz-Alan.
Apart from improving cross-border payments, CBUAE’s governor noted that the pilot was also targeted at enhancing the local financial sector in the Middle Eastern country.
The kingdom of United Arab Emirates has set up an ambitious goal to become a global blockchain hub, searching for talents in Asia and Europe as competition with Gulf neighbors in the industry heats up.
The Future Blockchain Summit serves as a meeting point for the world’s most disruptive business technology trends, where industry experts can leverage countless networking opportunities, an expert conference programme and workshops to explore distinct themes.
The event will feature one-on-one networking sessions for the guests where they will get to interact with some of the Bitcoin industry’s thought leaders.