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# Dubai News

The Aston Plaza in Dubai, the first real estate project to be sold in Bitcoin, has reportedly hit a regulatory "snag" as authorities have called the promoters past business ventures into question. This according to an April 29, 2019 report from The Next Web. Regulatory Hurdles The promoter for the Aston...
The first ever Bitcoin ATM installed in Dubai was removed 24 hours after its installation in the Rixos Premium Hotel, reports local news outlet LovinDubai. With the city’s friendly attitude towards cryptocurrency and blockchain technology, the action of the Dubai authorities came as a surprise. However, the company which installed...
February 7, 2019 by at News
Dubai Royal, His Highness Sheikh Saeed bin Ahmed Al Maktoum, confirmed he will back Lichtenstein based cryptocurrency fund Invao as it seeks to strengthen its positions in the United Arab Emirates (UAE), as per a report from Arabian Business, February 5, 2019. UAE Side of the Deal The Private Office is an...
At the Second United Arab Emirates (UAE)  Government Annual Meeting held in Abu Dhabi, the region's authorities launched two national platforms targeted at reinforcing the UAE's artificial intelligence (AI) and blockchain technology ecosystems and ultimately make the state a hotbed for new technologies, reported the Emirates News Agency on November...
X8 AG, a Swiss financial technology firm has successfully obtained Islamic scholars certification for its fiat and gold-backed cryptocurrency from Shariyah Review Bureau (SRB), an Islamic advisory firm licensed by the central bank of Bahrain, Reuters reports, November 12, 2018. Plans to Expand into the Middle East Seeing the burgeoning...
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