The UAE and Saudi Arabia have started using fintech for cross-border settlements, including a digital currency which they jointly developed for that purpose.
Bitcoin has seen prices fluctuate throughout the day, which shows how volatile the currency is, prompting the question, what leads to such huge movements?
Freedium, during the Dubai Blockchain Forum, has announced the launch of first commodities backed digital stable currency tracking the US Dollar.
Dubai-based cryptocurrency company Alibabacoin Foundation has reportedly rejected the allegations of trademark infringement brought against it by the giant Chinese online retailer Alibaba Group Holding, according to Reuters.
The Dubai Culture and Arts Authority (Dubai Culture) has launched its blockchain-powered digital bank for art, ArtBank.
Following Twitter’s announcement of banning cryptocurrency ads, Bitcoin prices lingered around the $8000 mark, according to a report in Bloomberg. …
Financial policymakers from the world’s top 20 economies agreed to keep a watchful eye on cryptocurrencies on Tuesday and opened the door to regulating the booming industry at a later stage.
Alphabet Inc’s Google said on Wednesday it will ban advertisements for cryptocurrencies and related content starting in June.
Bitcoin has failed as a currency measured by standard benchmarks, and is neither a store of value nor a useful …
Saudi Arabia’s central bank has signed a deal with U.S.-based Ripple to help banks in the kingdom settle payments using …