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United Arab Emirates

Dubai watchdog introduces regulatory framework for investment tokens
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28 October, 2021

Dubai watchdog introduces regulatory framework for investment tokens

The Dubai Financial Services Authority has launched a framework that defines and regulates investment tokens, as well as offers guidance...
BIS: CBDCs can slash the cost of cross-border remittances by 50%
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4 October, 2021

BIS: CBDCs can slash the cost of cross-border remittances by 50%

The BIS published the findings on a multi-CBDC project between central banks in Hong Kong, Thailand, China, and the UAE,...
UAE securities regulator approves digital currency trading in Dubai free zone
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27 September, 2021

UAE securities regulator approves digital currency trading in Dubai free zone

The Securities and Commodities Authority has signed an agreement with the Dubai World Trade Centre Authority to allow digital currency...
Dubai is positioning itself to benefit from digital currencies: Bittrex CEO
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3 September, 2021

Dubai is positioning itself to benefit from digital currencies: Bittrex CEO

The digital currency industry continues to advance in Dubai, which Bittrex CEO Stephen Stonberg describes as a great place to...
Unbanked migrants in UAE to benefit from digital currency remittances
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11 August, 2021

Unbanked migrants in UAE to benefit from digital currency remittances

As UAE moves towards opening the first licensed digital currency exchanges in the territory, its large migrant population is eagerly...
UAE central bank sets sights on digital currency launch
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16 July, 2021

UAE central bank sets sights on digital currency launch

In its 2023-2026 roadmap, the Central Bank of the UAE has identified seven areas that it will focus on as...
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