ADGM Welcomes Swiss Sygnum Bank in Expansion Effort
Swiss digital currency bank Sygnum has expanded its operations into the Middle East with a new center in the Abu Dhabi Global Market (ADGM). The company had received approval to operate in the country from the ADGM in 2022. The bank is looking to tap into the huge affluent population and cash in on the […]
Central Bank of UAE Unveils Plans for New Digital Currency, The Digital Dirham
The Central Bank of UAE (CBUAE) jointly held a signing ceremony with G42 Cloud and R3 to mark the commencement of the implementation of the CBUAE Central Bank Digital Currency (CBDC) Strategy, one of the nine initiatives of the CBUAE’s Financial Infrastructure Transformation (FIT) Programme. The CBUAE has engaged with G42 Cloud and R3 as […]
Cryptocom Granted Preparatory License by VARA to Later Operate in Dubai
Crypto.com, a cryptocurrency platform based in Singapore, has announced that it has been granted a preparatory license for its minimal viable product by Dubai’s Virtual Assets Regulatory Authority (VARA). With the Minimal Viable Product (MVP) Preparatory license, Crypto.com has passed the second stage of the licensing process and can move towards obtaining an operational license […]
Ruler of RAK Introduces New Law to Establish First Ever Digital and Virtual Assets Free Zone
The Supreme Council Member and Ruler of Ras Al Khaimah, H.H. Sheikh Saud bin Saqr Al Qasimi, has enacted new laws to establish the world’s first free zone dedicated to digital and virtual assets companies. The Ras Al Khaimah Digital Assets Oasis will function as an independent governmental authority affiliated with the newly created Department […]
DMCC Strengthens its Global Crypto Network with Enya Labs and Boba Network Partnership
The DMCC Crypto Centre ecosystem, which is managed by DMCC – an authority on commodities trade and enterprise in Dubai, has extended its range of offerings by partnering with Enya Labs, a major global technology firm. Enya Labs is a prominent developer of decentralized infrastructure solutions and is renowned for its contribution to the Boba […]
Communications Regulatory Authority of Qatar Unveils National Blockchain Blueprint to Accelerate Digital Transformation
The Qatar National Blockchain Blueprint has been launched by the Communications Regulatory Authority (CRA) in collaboration with Hamad Bin Khalifa University (HBKU) and Qatar University (QU). The main aim of this effort is to develop a sound regulatory structure for blockchain technology, which will serve as a robust foundation for the government’s approach in this […]
Sheikh Hamdan bin Mohammed Emphasizes Importance of Collaborative Alliances for Dubai Digital Expansion
According to Sheikh Hamdan bin Mohammed, Dubai is gradually strengthening its position as a leading hub for advanced technology and a significant center for digital business models and transformative initiatives. The Crown Prince of Dubai and head of the Executive Council stated this during the second gathering of the Higher Committee for Future Technology and […]
Unleash the Power of Your Vote: Help Crown the Top 20 Blockchain and Crypto CEOs in MENA!
It is with great pleasure that UNLOCK Blockchain announces the nominees for The Top 20 Performing CEOs in 2022, who have demonstrated outstanding leadership and remarkable achievements in their respective fields. At UNLOCK Blockchain, we believe in recognizing and celebrating excellence in the blockchain and crypto industry. This is why, we have launched this competition […]
DMCC Expands Partnerships with South Korea in Blockchain and Gaming Sectors
DMCC, the Dubai-based free zone and Government of Dubai Authority on commodities trade and enterprise, has signed two Memoranda of Understanding (MoUs) with prominent South Korean entities in the blockchain and metaverse sectors. The agreements were inked during DMCC’s Made for Trade Live roadshows in South Korea and aim to solidify Dubai’s status as a […]
Shaping the Future: Dubai Parents Believe AI, Virtual Reality, and Metaverse are Key to their Children’s Success
According to a recent study conducted by the Citizens School, parents in Dubai strongly believe that artificial intelligence, virtual reality, and the metaverse will play a crucial role in shaping their children’s future. The study further revealed that creative thinking, confidence, and mental wellbeing were the top skills that parents considered essential for their children […]