DMCC - the world’s flagship Free Zone and Government of Dubai Authority on commodities trade and enterprise - has entered into a memorandum of understanding (MoU) with the Securities and Commodities Authority (SCA)
CanETH Staking Services, a Canada-based institutional-grade staking service for Ether, which is backed by Khurram Shroff, Chairman of the Dubai-based IBC Group, placed the winning bid for the Non-Fungible Token (NFT) for the digital art image of the Ethereum cryptocurrency.
Bitcoin recently exceeded the $23,000 mark – an all-time high – which has set the global investment community buzzing. Ethereum, the world’s second largest cryptocurrency by market capitalization,
Prominent blockchain expert Zijing (Ryan) Xu, also known as Ryan Xu vowed to introduce blockchain through a number of strategic plans in the finance sector, banking and others in the UAE and in the region.
Bitcoin dropped 1.77% to $50,269.9 on Saturday, losing $906.75 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 22.5% from the year’s high of $64,895.22 on April 14.
Dubai’s digital Blockchain strategy continues to contribute in achieving the vision of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, of transforming Dubai into a fully managed Blockchain Emirate by 2020, and be the first smart run by Arab minds.