Tag: UAE

While cryptocurrency adoption in the Middle East is reaching an all-time high, experiencing a 400% growth between 2013 and 2016, industry experts shared their insights on digital assets and the future of finance in a panel session moderated by Arabian Business’s editor-in-chief Scott Armstrong. Since 2015, the AIM Summit has become a platform for discussions…

– CV VC invests in blockchain start-ups across Europe, Africa, and the Middle East. – It recently launched a Dubai incubation program, offering firms up to $125,000. – Its CIO and Dubai managing partner spoke to Insider about the fund’s expansion plans. For some industry insiders, a second ‘crypto valley’ – the major blockchain hub…

Dubai government has remained crypto-friendly to promote investment in the sector. With no capital gains tax and ease of buying and selling anonymously, Dubai makes life easy for crypto investors. Lack of tax on income or capital softens the anti-money-laundering laws in the emirate. Dubai, a prosperous city in the United Arab Emirates (UAE), might…

Amid the Dubai Expo 2020, many crypto and blockchain events are being held in Dubai right now. From now till the end of 2021, the series of events keep coming. The United Arab Emirates (UAE), especially Dubai, is known for its friendly position in the crypto and blockchain spaces. Dubai has rapidly become a city…

Dubai, UAE & Zug, Switzerland. 6 Oct 2021. Inspirational blockchain venture capitalist CV VC begins Dubai operations with gusto, in partnership with DMCC Crypto Centre. –      Blockchain start-ups have begun to avail of CV VC expertise. Many of the 900 applications to DMCC Crypto Centre from the UAE region intend to participate in the…

UAE-based crypto-asset exchange BitOasis has closed a $30 million Series B funding round led by Chicago-based Jump Capital and Dubai-based Wamda. The round was also joined by Alameda Research, Global Founders Capital, and existing investors, including Pantera Capital, Digital Currency Group, and NXMH. The new funds will be used to expand the company’s presence in…