The First Islamic Bank goes live on UAE Blockchain enabled KYC platform
Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank that went live on the UAE’s KYC (Know Your Customer) Blockchain Platform. The UAE...
Details
UAE Securities and Commodities Authority and Dubai’s Virtual asset regulator race against the clock to regulate virtual asset entities
The virtual regulatory environment is heating up in Dubai and across the UAE as both UAE’s Securities and Commodities Authority and VARA race towards regulating...
Details
Qatar Financial Authority and Blockchain entity R3 to develop Qatar’s fintech industry with DLT and digital assets
Qatar Financial Centre Authority and Blockchain solution provider R3 have signed an MOU to develop and grow Qatar’s fintech industry using technologies such as DLT...
Details
UAE YallaMarket to use Binance and IvendPay for crypto payments
YallaMarket, a Dubai grocery delivery service has announced it intends to embrace crypto payments and utilized Binance Pay and IvendPay for their solution. Leo Dovbenko,...
Details
UAE and USA based C1 Investmet advisors launch $500 million Crypto, blockchain, digital assets fund
UAE and USA based C1 Secondary’s Fund managed by C1 Investment Advisors LLC, a team of international entrepreneurs and investors, have announced a $500 million...
Details
Saudi Arabia’s Food and Drug Authority uses blockchain and NFTs to track and certify farm products
Saudi Arabia’s Food and Drug Authority (SFDA), in cooperation with KSA’s Digital Government Authority (DGA), has conducted a Proof of Concept (POC) using blockchain technology...
Details
R3 to design and Build UAE’s CBDC as well as tokenize financial and non financial activities
R3 was chosen by UAE Central Bank as its technology partner to design and build a CBDC for the first phase of the central bank’s...
Details