Back in 2021, a study showed that there is a high demand for cryptocurrency payment abilities among both crypto holders and non-holders. However, in the same study, 50% of participants noted that …
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Legal expert shared insights regarding crypto and blockchain regulations in the UAE
While many countries are inclined to simply ban the use of Bitcoin and digital assets, regulators in the United Arab Emirates are taking a different approach. The country has been …
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Shilling unregistered cryptos may result in a prison sentence in the UAE starting from 2022
Promoters of cryptocurrency scams will face up to five years in jail starting from January, according to a report by The National. They could also be slapped with fines of up to 1 …
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The CEO of Mubadala Investment Company: “$240 billion UAE wealth fund will invest in crypto ecosystem”
The CEO and Managing Director of Mubadala Investment Company, Khaldoon Al Mubarak, revealed in an interview with CNBC on December 13 that his organization is considering investing in the “crypto ecosystem.” Mubadala …
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Ukraine, UAE sign memos, contracts worth over $3 bln
Ukraine and the United Arab Emirates have signed memorandums and contracts worth $3 billion or more, the presidential press service said. “As part of the official visit of Ukrainian President …
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