UAE | ForkLog - Part 4

ForkLog 15 06.07.2023

Experts explain the specifics of mining in the UAE

The UAE generates about 3.7% of the global Bitcoin hashrate and is the fastest-growing mining centre in the Middle East. Luxor's experts arrived at this conclusion.

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ForkLog 12 26.06.2023

Binance names UAE a ‘key hub’ for the crypto industry

The Bitcoin exchange Binance regards the UAE as a "key point" for its business. This was stated by regional manager Alex Chehaid.

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ForkLog 14 08.05.2023

Coinbase leadership names UAE a potential strategic hub

The UAE could become a strategic hub for Coinbase's overseas expansion, according to the Bitcoin exchange blog. 'The country serves as a strategic bridge between Asia and Europe—two key overseas regions for us today,' the commentary explains. The statements coincide with the visit of Coinbase CEO Brian Armstrong and other platform executives to the UAE, during which they are expected to meet local regulators.

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ForkLog 10 19.04.2023

UAE Regulator Begins Licensing Crypto Service Providers

The UAE Securities and Commodities Authority (SCA) has mandated all crypto service providers (VASP) to apply for licences and register. The requirement does not apply to holders of free-zone licences.

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ForkLog 7 28.02.2023

Ras al-Khaimah to launch free zone for digital-asset companies

The Ras al-Khaimah government (RAK), one of the UAE's emirates, plans to create a free zone for digital-asset companies. The National News reports this.

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ForkLog 7 13.02.2023

UAE to launch CBDC for cross-border and domestic payments

The Central Bank of the United Arab Emirates (UAE) announced the launch of CBDC as part of its country's financial infrastructure transformation programme.

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ForkLog 11 29.08.2022

Dubai regulator issues new rules for cryptocurrency advertising

The Dubai Virtual Asset Regulation Authority published new marketing rules governing advertising and promotion of cryptocurrencies within the city.

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ForkLog 13 08.08.2022

UAE Tightens Rules on Real-Estate Purchases Paid in Cryptocurrency

Authorities in the United Arab Emirates have required real estate agents to alert anti-money-laundering authorities to deals paid in digital assets. The Emirates News Agency reports.

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ForkLog 9 04.07.2022

Bitcoinblack launches exclusive Visa crypto credit card in the UAE

The bitcoinblack project announced the launch in the UAE of a cryptocurrency VIP Visa credit card. It can be held by 10,000 holders worldwide.

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ForkLog 11 30.05.2022

In the UAE, investors who lost $30m robbed a cryptocurrency expert

Six people in the UAE attacked a cryptocurrency expert, whose advice led them to lose $30 million.

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ForkLog 8 27.05.2022

UAE proposes criminalising ‘murder’ in the metaverse

The UAE's Minister for Artificial Intelligence, Omar Sultan al-Olama, has called for criminal liability for 'serious offences' in the metaverse.

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ForkLog 8 13.05.2022

Emirates Airlines announces Bitcoin payments and NFT collection

One of the world's largest airlines, Emirates Airlines, announced Bitcoin payments and the release of an NFT collection.

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