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Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says

Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister SaysThe United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.” Crypto to Play a Major Role in the UAE United Arab […]

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Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for Payments

Study: 54% of UAE and Saudi Arabia Survey Respondents Said Crypto Should Be Used for PaymentsAn average of 54% of survey respondents from Saudi Arabia and the United Arab Emirates (UAE) said they believe cryptocurrency should be used as currency. Still, a significant proportion of the respective countries’ respondents believe certain obstacles are stopping cryptocurrencies from going mainstream. Crypto as Currency According to the findings of a study by Checkout.com, […]

Binance partners with Amazon Web Services to enhance user experience

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global StandardsThe United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government hopes that a nationwide crypto licensing system will attract big companies to the region. UAE Prepares to Regulate Crypto Sector Nationwide The United […]

Binance partners with Amazon Web Services to enhance user experience

UAE Central Bank Unveils Plan to Launch Digital Currency

UAE Central Bank Unveils Plan to Launch Digital CurrencyThe Central Bank of the United Arab Emirates has unveiled its plan to launch a digital currency as part of its 2023-2026 strategy to become one of the world’s top 10 central banks. A growing number of central banks worldwide are working to launch central bank digital currencies (CBDCs). The Central Bank of the United […]

Binance partners with Amazon Web Services to enhance user experience