FIVE Hotels and Resorts, a Dubai-based hospitality firm, has announced that it would now accept Bitcoin and Ethereum as payment for its services. Switzerland’s pro-crypto legislation has prompted the company’s decision, which is linked to the company’s recent expansion effort. It has always been the company’s goal to be at
DAMAC Properties is able to reduce the price volatility risk by using a reliable financial middleman. Trustworthy middleman was hired to assist the transactions. DAMAC Properties, a Dubai-based real estate developer has made cryptocurrency deals worth $50 million since the beginning of the year. DAMAC is the first Real Estated
The country’s Virtual Assets Regulatory Authority (VARA), was founded in March. Many other crypto exchanges have relocated their headquarters to Dubai. The authorities in Dubai have granted provisional approval for the operation of Crypto.com, one of the fastest-growing exchange platforms in the crypto business. The country’s Virtual Assets Regulatory Authority
The task force hopes to create virtual equivalents for 42,000 positions. Dubai aims to raise its GDP by 1% by banking on the metaverse potential. The Dubai government has announced the creation of a task group to monitor the most recent advances in the digital economy and to take advantage
Binance NFT and Dubai’s Museum of Future announced its collaboration. This partnership aims to launch the first-ever NFT collections. It will help the industry to expand and support blockchain usage in the region. The crypto industry is moving forward with new implementations and valuable partnerships aiming to build a strong
Announcing Wednesday that it would accept Bitcoin and Ethereum, two of the most popular cryptocurrencies, Damac Properties is an Emirati real estate company. Damac’s general manager, Ali Sajwani, says the Dubai-based Corporation has embraced crypto as part of its digital transformation push. Expansion Into Digital Currency Era For its new
BitOasis and the law enforcement agency work together to combat cybercrime. It seems the NFTs will be minted on the Solana Network as seen in the hashtag. The rise of NFTs throughout the globe has resulted in several companies entering the market. Some of the worldwide brands that have joined
Bahrain and the United Arab Emirates have embraced an innovation-friendly attitude. CBB successfully tested JP Morgan’s crypto payment system in January. On Wednesday, Binance announced that it had been awarded a license to operate in Dubai, the United Arab Emirates. Earlier this week, Bahrain became the latest Middle Eastern country
The 15th edition of Art Dubai will take place from March 11-13. Dubai even inaugurated the ultra-high-tech Museum of the Future last month. By establishing a regulating and licensing organization, Dubai’s ruler aims to become a worldwide player in digital assets. HH Sheikh Mohammed Tweeted in Arabic regarding the development
UAE has seen a surge in interest from both consumers and investors. Bitgert has eclipsed Binance coin and Polkadot. When a crypto project outperforms the most popular cryptocurrencies in Google search trends, it indicates that more crypto investors are interested in it. As a result, the aforementioned cryptocurrency’s reputation is
