Crypto firms constitute 16% of DMCC free zone’s Q1 company registrations
    18 Apr 2022
    278 Views

    Dubai Multi Commodities Centre (DMCC) has revealed crypto and blockchain firms constituted 16% of the 655 new company registrations that were recorded in Q1 of 2022. The surge in crypto-related registrations also coincided with a quarterly period in which the DMCC is reported to have recorded its highest quarterly performance since inception. One of the…

    Crypto Trends Weekly Apr. 9 – 15
    18 Apr 2022
    283 Views

    Breaking crypto news from the last week (Apr. 9 – 15, 2022): Apr. 9: In the UAE, cryptocurrencies have rapidly been gaining appeal among younger demographics. Latest surveys by market researcher YouGov revealed over 54% of residents aged between 18 and 35 years are expressing increased openness towards crypto. Apr. 10: CryptoCompare tracker data shows…

    Spanish entrepreneur in the UAE bets on mass crypto adoption
    18 Apr 2022
    318 Views

    Mani Thawani, a Spanish entrepreneur, aims to lead the mass crypto adoption movement in Dubai. His company Blockmatica now oversees five crypto-related businesses, including the TV reality show ‘Block Talent’ and a metaverse project. As Khaleej Times reported, Thawani’s holding company Blockmatica Group has already executed exciting projects, such as ‘Block Talent,’ a funding incubator…