UAE | ForkLog - Part 5

ForkLog 6 25.04.2022

Kraken to open headquarters in Abu Dhabi

The cryptocurrency exchange Kraken announced plans to open an office in Abu Dhabi after receiving a license to operate a regulated trading platform in the UAE. CNBC reports.

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ForkLog 8 29.03.2022

Dubai school to accept tuition payments in Bitcoin and Ethereum

Citizens School in Dubai, due to open in September, will offer parents of students the option to pay tuition in Bitcoin and Ethereum.

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ForkLog 24 16.03.2022

Binance secures licence in Dubai

The Bitcoin exchange Binance has obtained a licence to provide cryptocurrency services in Dubai, UAE.

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ForkLog 6 17.02.2022

Bloomberg reports UAE plans to issue first national licenses for crypto firms

The United Arab Emirates (UAE) plans to issue national licenses for virtual asset service providers (VASPs) by the end of Q1 2022.

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ForkLog 8 15.12.2021

Arab Night, Oil and Bitcoin: VIP|BTC on Crypto Firms in the UAE

The VIP|BTC exchange service discusses the preferences of Arab crypto investors, the specifics of doing business in the United Arab Emirates, and Dubai's role in the region.

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ForkLog 7 13.12.2021

Abu Dhabi sovereign fund eyes investments in crypto startups

The Abu Dhabi sovereign wealth fund Mubadala Investment Company is weighing investments in a 'cryptocurrency ecosystem'. Its CEO Khaldoon Al Mubarak said so.

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ForkLog 12 15.11.2021

Ripple’s solution to open a new payment corridor between the UAE and Pakistan

Pakistan's Bank Alfalah and LuLu Exchange from the UAE have signed a strategic partnership to accelerate and increase the volume of money transfers between the two countries via the RippleNet platform. Gulf News reports.

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ForkLog 18 09.11.2021

Dubai-based firm orders $650 million worth of crypto-mining hardware

Phoenix Technology Consultants, based in the UAE, signed a contract to supply crypto-mining equipment worth $650 million. CoinDesk reports.

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ForkLog 14 06.10.2021

Dubai-based BitOasis raises $30 million in Series B

Dubai-based cryptocurrency exchange BitOasis closed a $30 million Series B funding round. It was led by venture firms Jump Capital and Wamda.

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ForkLog 8 13.07.2021

Media: UAE outlines timelines for CBDC development

The Central Bank of the United Arab Emirates announced the development of its own digital currency (CBDC) in the Development Strategy for 2023-2026, according to Gulf News.

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ForkLog 7 28.05.2021

Dubai authorities label Dubai Coin organizers as scammers

A Dubai government press service said that the emirate has no own digital currency, and the organizers behind the Dubai Coin project are scammers.

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ForkLog 10 19.05.2021

Ripple Partners With Egypt’s Largest Bank

National Bank of Egypt (NBE) has joined the global RippleNet payments network to boost remittance efficiency.

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