Global #UAE

A groundbreaking new fund has been launched by the Blockchain Center in Abu Dhabi, a recent establishment aiming to solidify the emirate's position as a global blockchain innovation hub.

The United Arab Emirates (UAE) has recently implemented a new regulatory framework for cryptocurrency payments. While this move aims to establish a more secure and transparent financial environment, it has also sparked concerns within the crypto industry.

Recent reports indicate that the Central Bank of the UAE has given the green light to a new regulation governing the licensing and supervision of stablecoins. Additionally, a set of policies to bolster the banking, insurance, and financial services sectors has been approved.

The Abu Dhabi Agriculture and Food Safety Authority, the leading authority on agriculture in Abu Dhabi, United Arab Emirates (UAE), issued a directive to farmers, prohibiting the practice of cryptocurrency mining on farms.

QCP Capital, a leading cryptocurrency options trading platform, has obtained initial regulatory approval to operate in Abu Dhabi, marking its expansion into the region.