Sharjah Innovation Park approves DLT licenses to operate blockchain and fintech startups

    The Sharjah Research Technology and Innovation Park (SRTIP) issued its third Distributed Ledger Technologies license (DLT) to ZelaaPayAE, which works to advance tokenization, promotes non-fungible tokens (NFTs), and develops payments infrastructures and various blockchain applications. ZelaaPayAE CEO, Mr. Sahil Arora said in a press release: “We chose to set up at SRTIP because of their…

    Banking heavyweights oppose strict Basel rules for holding crypto capital

    A forum of some of the largest U.S. and European banks, including JPMorgan Chase and Deutsche Bank, has urged modifications to the rules proposed by the world’s central banks and regulators for capital requirements on Bitcoin exposure. Banking bosses from the largest financial institutions in the U.S. and Europe have voiced their opposition to the…

    Dfinity’s Internet Computer to bring smart contracts to Bitcoin

    Internet Computer blockchain developed by Dfinity Foundation is bringing smart-contract capabilities to the Bitcoin (BTC) network, potentially opening the door to new use cases for the world’s biggest cryptocurrency. Following the trailblazing successes of Ethereum and more recently Cardano, Dfinity is looking to plug its upgraded mainstream network link known as ‘chain key cryptography’ into…

    Largest Crypto Expo  in Dubai is set to attract 3000+ Visitors

    Emerging Crypto market in Middle East and Africa is getting ready to meet at the largest cryptocurrency event on 13-14 October 2021 at Conrad Dubai. Two day premier crypto event announced in Dubai with huge expectation among the Crypto Enthusiast in the Region, will host a potential conference that set a valuable insights in the…

    How to buy cryptocurrency in the UAE: Guide for beginners in 2021

    If you’re looking to buy cryptocurrency in the UAE – there are dozens of online platforms to choose from, writes Kane Pepi on Economy Watch. The best brokers in this space allow you to buy and sell hundreds of digital assets, support AED deposits, and most importantly – are safe and secure. In this guide,…

    Erdogan versus Bitcoin

    After a sweeping ban on the use of cryptocurrencies this April, Turkish President Recep Erdogan is aiming to assert financial control ahead of launching the digital Lira. Although the central bank is not opposed to using digital currency, Erdogan believes the digital Lira faces conflict with cryptocurrencies. During a national youth meeting with representatives from…