BitOasis Collaborates with VARA to Fulfill Operational MVP License Requirements
BitOasis is actively collaborating with the Virtual Assets Regulatory Authority (VARA) to meet the necessary conditions associated with its Operational MVP License for serving Institutional and Qualified Retail Investors. This announcement comes in response to a recent market notification issued by VARA. In its notification, VARA stated that BitOasis’ Operational MVP License, specifically covering institutional […]
Over 100 Countries Actively Exploring Central Bank Digital Currencies
A recent report reveals that Central Bank Digital Currencies (CBDCs) are experiencing a surge in popularity, with 109 countries actively investigating or engaging with them at various stages of development as of the previous month. According to the study conducted by UK-based financial news platform Finbold, 45 countries are currently involved in research, 32 are […]
Middle Eastern Employees Embrace the Power of AI
According to a study conducted by the Boston Consulting Group, employees in the Middle East are confident that the advantages of AI will outweigh any drawbacks. The research reveals that while 58 percent of employees express optimism about the potential impact of Artificial Intelligence, a significant 84 percent acknowledge that AI will have a significant […]
The UAE Sets Milestone with World’s First AI Institute for Healthcare Innovation at Gulf Medical University
Gulf Medical University (GMU), located in the UAE, has introduced a groundbreaking establishment known as the Institute of AI and Technology in Healthcare. This innovative initiative aims to enhance the digital proficiency of medical professionals and elevate the quality of healthcare services. Dr. Thumbay Moideen, the founder president of Thumbay Group, stated that this AI […]
The British University in Dubai and the Digital School sign MoU to Develop Blockchain Solutions
The British University in Dubai (BUiD) has signed an MoU with the Digital School. The MoU was signed at BUiD’s campus by Professor Abdullah Alshamsi, BUiD‘s Vice Chancellor, and Dr. Walid Al Ali, Secretary General of the Digital School. By leveraging the existing relationships between BUiD, the University of Nicosia, and the Dubai Blockchain Centre, […]
Dubai FinTech Summit Concludes with 5,300 Visitors, Confirms Second Edition for May 2024
Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa, and the MEASA region, today announced the second edition of Dubai FinTech Summit to be held on 6-7 May 2024. Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy […]
Cypher Capital, Tribe Capital, and Kraken Ventures Lead $4 Million Seed Funding for Concordia, Fueling Middle East Expansion
Concordia, a financial technology company, recently concluded a successful initial funding round of $4 million. Tribe Capital, Kraken Ventures, and Cypher Capital, a venture capital firm based in Dubai, made significant investments in the company. Esteemed investors, including Saison Capital, as well as various funds and strategic angels, also provided their support. Notably, Concordia secured […]
The Green Block Launches Groundbreaking Global Initiative to Drive Sustainable Web3 Solutions with Blockchain and AI
The Green Block, a groundbreaking initiative dedicated to fostering Environmental, Social, and Governance (ESG) projects in Web3, was officially launched yesterday at BEEAH Group headquarters in the United Arab Emirates. This global initiative, spearheaded by Crypto Oasis Ventures in collaboration with the management consultancy Roland Berger, marks a significant step towards creating a sustainable future […]
DIFC Unveils Ambitious Plan for AI and Web3.0 Hub, Targeting 500 Tech Businesses by 2028
In a bid to enhance its technology sector and expand its knowledge economy, the UAE is taking a major leap forward with the establishment of the Dubai AI & Web 3.0 Campus. This groundbreaking initiative, spearheaded by the Dubai International Financial Centre (DIFC), aims to attract over 500 high-tech companies by 2028, solidifying its position […]
Binance Embraces Regulatory Compliance Amidst SEC Lawsuits and International Scrutiny
Binance, the largest cryptocurrency exchange globally, is encountering a challenging period as it faces heightened scrutiny from governments worldwide. Financial regulators in several countries, including the U.S., France, Canada, Nigeria, the Netherlands, among others, are implementing stricter regulations, with some issuing warnings to Binance. These actions reflect growing apprehensions regarding the involvement of cryptocurrencies in […]