Hong Kong and Saudi Arabia Unite for Tokenization
With agreements for tokenization, Hong Kong is extending its financial cooperation with the Kingdom of Saudi Arabia.
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Latest firstEverdome to Launch Mission to Mars From Hatta, UAE
Iconic Dubai tourism destination chosen for the Earth-based Phase 1 of Everdome’s metaverse journey DUBAI, FEBRUARY 25th, 2022: Everdome, the most hyper-realistic metaverse, has announced the mission launch site will be in the stunning mountainous region of Hatta in Dubai,…
Gemini to seek UAE crypto license as regulatory hostility in US spikes
The Winklevoss twins stated that the move was triggered after experiencing "hostility and a lack of clarity" on crypto regulation in the US.
Hong Kong and UAE Central Banks Join Forces to Establish Crypto Regulations
The central banks of Hong Kong and the United Arab Emirates want to work together to develop cryptocurrency regulations.
UAE Authority Begins License Applications for VASPs to Ensure User Protection
The UAE's financial body announced that it would start considering license requests from businesses that offer services related to virtual assets.
UAE Central Bank Launches “The Digital Dirham” for Secure Transactions
The Central Bank of the UAE unveiled "The Digital Dirham," its Central Bank Digital Currency plan.
UAE plans to establish a free zone for digital and virtual asset firms
In Q2 2023, Ras Al Khaimah in the United Arab Emirates will open a free zone for businesses dealing in digital and virtual assets.
UAE is set to launch a central bank digital currency
The United Arab Emirates' Central Bank plans to introduce a digital currency for both local and global use.
UAE: Is it possible that salaries could soon be paid in cryptocurrency?
Key Takeaways: This week, Dubai will host the Investopia Summit, which will cover a wide range of themes. The metaverse will be discussed, and officials are also looking into cryptocurrency salaries. According to analysts, the number of cryptocurrency enterprises in…