UAE

Regulation

UAE Central Bank Governor: Bitcoin ‘Easily Used’ for Money Laundering

UAE Central Bank Governor Mubarak Rashed Al Mansouri issued critical remarks about bitcoin during an event this week.

Policy & regulation  ·  24 October 2017
News

US Commerce Department Backs Blockchain Trade Mission to UAE

Representatives from the blockchain industry are in the United Arab Emirates this week on a trade mission backed by the U.S. Department of Commerce.

Business  ·  3 October 2017
Investments

Blockchain Startup ArabianChain Nets $817k from New Investor

A UAE-based public blockchain startup has received $817,000 in funding from a private investor.

Business  ·  18 July 2017
Banking

Blockchain and the Birth of a New Financial Instrument

A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.

Business  ·  19 June 2017
Payments

UAE’s Emirates Islamic Bank Launches Blockchain Check Service

A trial that examines how blockchain could play a role in paper check management is moving forward at Emirates NBD.

Business  ·  12 June 2017
Startups

Emirates NBD Enlists UAE Central Bank in Blockchain Check Trial

One of the Middle East's largest banking groups is pushing ahead on a plan to use blockchain to prevent paper cheque fraud.

Business  ·  29 March 2017
Startups

BitOasis Expands Credit Card Bitcoin Buying to 5 New Countries

Dubai-based bitcoin startup BitOasis is expanding its presence outside the UAE with a new announcement.

Business  ·  27 March 2017
Regulation

UAE Central Bank: We Are Not Banning Bitcoin

The UAE's central bank isn't banning bitcoin, senior officials said in a statement today.

Policy & regulation  ·  1 February 2017
Regulation

UAE ‘Virtual Currency’ Restrictions Cast Uncertain Shadow on Bitcoin

The UAE central bank is seeking to prohibit the use of digital currencies in the financial sector.

Policy & regulation  ·  17 January 2017
Blockchain Applications

Mobile Telco Du Reveals New Blockchain Healthcare Partnership

One of the UAE's largest telcos has announced a new partner in its drive for blockchain-powered medical records.

Business  ·  4 January 2017
Hackathon

UAE Government to Sponsor $140k Blockchain Hackathon

The government of the United Arab Emirates is sponsoring a virtual hackathon dedicated to blockchain, with $140,000 in prizes up for grabs.

Business  ·  29 November 2016
Events

Dubai Government to Sponsor Upcoming Digital Currency Conference

Dubai is set to play host to a conference on digital currencies months after a blockchain effort in the country was first unveiled.

Business  ·  23 May 2016
Startups

Dubai Government Backs Expansive Blockchain Research Effort

A new organization has formed in the United Arab Emirates focused on blockchain technology applications.

Business  ·  17 February 2016
Exchanges

UAE’s First Bitcoin Exchange Launches in Dubai

Australian-Indian company igot has launched the UAE's first bitcoin exchange, hoping to capture some of the Indian remittance market.

Markets  ·  29 August 2014
Bitcoin

DED Officials Debunk Bitcoin ATM Speculation in Dubai

UAE residents looking forward to Dubai's bitcoin ATM army may be disappointed to discover that it’s not happening, yet.

Business  ·  25 March 2014