# The United Arab Emirates’ green digitization vision

# The United Arab Emirates’ green digitization vision

“# The United Arab Emirates’ green digitization vision ” The United Arab Emirates is the world’s sixth-largest oil producer and one of the richest countries in the world, with a gross domestic product per capita of above $43,000 as of 2019, according to the World Bank. As per its “Vision 2021,” Iis petroleum- and natural-gas-reliant…

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# Dubai-based licensing company adopts cryptocurrency payments

# Dubai-based licensing company adopts cryptocurrency payments

“# Dubai-based licensing company adopts cryptocurrency payments ” According to a report by Arab News on Tuesday, clients of Dubai government-owned licensing firm Kiklabb can now pay for visa fees and trade licenses via cryptocurrencies. The supported crypto payment options are Bitcoin (BTC), Ether (ETH) and Tether (USDT). Commenting on the move, Kiklabb CEO Tasawar…

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# Bahrain central bank licenses Sharia-compliant crypto exchange

# Bahrain central bank licenses Sharia-compliant crypto exchange

“# Bahrain central bank licenses Sharia-compliant crypto exchange ” CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired “Crypto Assets Services Company License” allows CoinMENA to operate fully as a regulated crypto exchange and onshore platform, the company…

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# Dubai financial regulator working on regulations for cryptocurrencies

# Dubai financial regulator working on regulations for cryptocurrencies

“# Dubai financial regulator working on regulations for cryptocurrencies ” The Dubai Financial Services Authority, the financial regulatory agency for the special economic zone, the Dubai International Financial Centre, is looking to enhance local cryptocurrency-related regulations. The DFSA is planning to introduce a regulatory framework for diverse digital assets as part of its 2021–2022 business…

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# Commodity trading gets sweeter with blockchain-based sugar exchange

# Commodity trading gets sweeter with blockchain-based sugar exchange

“# Commodity trading gets sweeter with blockchain-based sugar exchange ” The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io. Users of the UAE-based platform will trade the spot price of sugar via tokens tied to “up to 100,000 tonnes of raw sugar,”…

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