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United Arab Emirates

Bank for International Settlement wraps up mBridge cross-border CBDC pilot
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2 October, 2022

Bank for International Settlement wraps up mBridge cross-border CBDC pilot

A month-long CBDC pilot program involving Hong Kong, Thailand, China, and the United Arab Emirates ends with millions in cross-border...
BSV Blockchain Association and University of Sharjah partner to build blockchain platform showcasing UAE’s cultural heritage
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20 September, 2022

BSV Blockchain Association and University of Sharjah partner to build blockchain platform showcasing UAE’s cultural heritage

The joint venture between the university and the Swiss-based blockchain organization will involve the development of an NFT marketplace to...
Abu Dhabi regulator unveils 5 ‘guiding principles’ to control digital assets
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16 September, 2022

Abu Dhabi regulator unveils 5 ‘guiding principles’ to control digital assets

The principles issued by the FSRA hint toward innovation in the digital asset sector, and on top of its list...
Dubai: New business group seeks to strengthen digital asset sector
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15 August, 2022

Dubai: New business group seeks to strengthen digital asset sector

D2A2 is tasked with promoting the digital asset industry in Dubai, boosting transparency, supporting the interests and growth of digital...
PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE
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14 August, 2022

PwC Middle East proposes 3-stage facilitative model for digital asset regulation in the UAE

The three-stage facilitative model includes establishing clear and comprehensive regulations, pushing for industry self-regulation, and collaborating with international partners.
UAE new reporting requirements targets real estate transactions settled with digital currencies
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12 August, 2022

UAE new reporting requirements targets real estate transactions settled with digital currencies

The rules are targeted at clamping down on money laundering and terrorism financing, according to a statement by the UAE...
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