A new cryptocurrency is coming to Dubai and it will be the first officially registered one in the country. Dubai to Get a New Crypto Exchange According to local media Al Zarooni Group and Crypto Bulls have joined together to launch the Crypto Bulls Exchange which is slated to be one of the biggest game
A young startup named Menachain Solutions DWC-LLC is building a cryptocurrency and blockchain-based payment platform targeted at the Middle East and North Africa (MENA) region and its large population of unbanked. Based in Dubai, the United Arab Emirates (UAE), Menachain says it is focusing on developing “the most commonly used cryptocurrency in MENA” with the purpose
The city of Dubai has plans to launch its own digital currency. Emcash will be rolled out in the coming years and is being made possible by a state-backed firm called emcredit. Emcash to be Launched Later This Year, Pending Full Approval Those living in Dubai will soon be able to make payments for a
Advertisement Dubai residents will soon have the means to make payments for school fees, bills and other retail purchases with emCash, a state-developed blockchain-based digital currency. The UAE’s first official credit bureau – emCredit – under the Dubai Department of Economic Development is pushing its official blockchain-encrypted state digital currency emCash for wider adoption by
This article was originally posted on Ethereum World News – an independent news provider covereing Ethereum, Bitcoin, Ripple, Litecoin dApps, start-off ICO’s and the whole Blockchain Ecosystem. For more follow the link below. Dubai security chief noted that stricter measures need to be put in place for cryptocurrency laws, to ensure investors’ protection. The Use of
Advertisement Dubai Police currently investigating a Dh 300 million ($81.7 million) international fraud case have issued a warning about the potential role of digital assets in terms of facilitating crime in the UAE. Speaking at a forum on Sunday September 16, Major-General Khalil Ibrahim Al Mansouri, assistant-commander of criminal investigation department (CID) at the Dubai Police
This article was originally posted on Cointelegraph – an independent publication covering cryptocurrency, the blockchain, decentralized applications, the internet of finance and the next gen web. UAE should develop statewide cryptocurrency, says law enforcement officials and experts To read more from Cointelegraph follow this link.