We are thrilled to unveil DT 100, a prestigious initiative that recognizes and celebrates the remarkable achievements of technology leaders in the UAE. Organized by Exito Media Concepts, DT 100 aims to honor individuals who have made exceptional contributions to advancing technology in the region. We are proud to announce
The UAE Central Bank has updated its regulations for financial institutions. To follow in order to prevent money laundering and the funding of terrorism in connection with digital currencies and NFTs. New anti-money laundering and counter-terrorism funding criteria for financial institutions are being adopted. This is being done by central
The United Arab Emirates has set its sights on developing itself as a crypto hub. Recently, the UAE has taken lots of initiatives to establish this goal. Following that, the Central Bank of the United Arab Emirates (CBUAE) has plans to enhance its collaboration with the Hong Kong Monetary Authority
Ripple (XRP) is gaining a fresh push in the trading price after a two weeks decline. In the last 24 hours, the coin has witnessed a 1.38% surge. This may not seem huge, but the start is bringing positive momentum among XRP holders. As the week began, major cryptos like
United Arab Emirates (UAE) country has again impressed a well-known crypto market person. Coinbase’s CEO, Brian Armstrong, made a positive remark about the nation’s crypto growth potential. Something Big is coming 🚀🚀🚀#Coinbase in Dubai ❤️😀 https://t.co/qtaFWMzgpU — Rohit M (@rohitcryptogeek) May 8, 2023 In his tweet, Brian mentions the UAE
In recent years, digital transformation has become a popular term and remains a top priority for companies across various industries in 2023. With the world’s fast-paced digitization, companies need to implement digital transformation to stay competitive and up-to-date. The 18th Edition of Digital Transformation Summit UAE is a great opportunity
The United Arab Emirates (UAE) is proposing a new bill to create a decentralized economy for its free zones with 100% tax exemptions. This move aimed at attracting foreign investment and boosting economic growth in the region. 🇦🇪 UAE proposes bill to create a decentralized economy for its free zone
Crypto exchange Bybit confirmed the opening of its global headquarters in Dubai — the most crypto-friendly hub in the United Arab Emirates (UAE). On Monday, the crypto entity debuted its “new home” after receiving in-principal approval from Virtual Assets Regulatory Authority (VARA) last March for operating in this emirate. Bybit
On March 23, the UAE’s Central Bank unveiled its Central Bank Digital Currency (CBDC) strategy, dubbed “The Digital Dirham.” The Central Bank of the United Arab Emirates (CBUAE) has partnered with G42 Cloud and R3, respectively, to supply the necessary infrastructure and technology for its digital currency initiative. Moreover, a
India’s central bank, the Reserve Bank of India (RBI), announced its partnering with the Central Bank of UAE (CBUAE). This collaboration enhances both countries’ Central Bank Digital Currency (CBDC) transactions of remittances and trade. Both the central banks signed the Memorandum of Understanding (MoU) on Wednesday in Abu Dhabi to
