United Arab Emirates

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up
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19 August, 2023

Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up

Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced...
UAE leverages blockchain to launch national carbon credit system ahead of COP28
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13 August, 2023

UAE leverages blockchain to launch national carbon credit system ahead of COP28

UAE’s MoCCAE, Industrial Innovation Group, and Venom Foundation will lead the carbon credits on the blockchain, improving the issuance and...
UAE is betting big on block reward mining: report
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12 July, 2023

UAE is betting big on block reward mining: report

The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates...
OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit
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19 June, 2023

OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit

The Dubai Virtual Assets Regulatory Authority license lays the foundation for OKX to obtain a full-scale license in the coming...
Like Hong Kong, UAE wants to become digital currency capital of the world too
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17 June, 2023

Like Hong Kong, UAE wants to become digital currency capital of the world too

The ambitious plan will see the United Arab Emirates moving 50% of all government transactions to the blockchain, a clear...
Hong Kong, UAE to develop digital asset regulations, boost financial cooperation
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6 June, 2023

Hong Kong, UAE to develop digital asset regulations, boost financial cooperation

The central banks of the UAE and Hong Kong forge closer ties in regulating digital assets as part of their...
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