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)
Bitcoin passed the $60,000 mark for the first time on Saturday, with analysts saying the giant US stimulus package helped boost the world’s most popular virtual currency on its record-breaking run.
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,
Nigeria, Africa’s largest economy has grown a huge market for cryptocurrency trade, however, the central bank claims it is not regulated or an accepted legal tender.
According to the billionaire, the “real issue” is too much concentration in the dogecoin.
Bitcoin dropped by 7% to $48,176 in a third straight session of losses while others such as Ether and XPR suffered double-digit tumbles.
As digital currency exchange Coinbase prepares to list Tuesday in New York, here is the breakdown of the sector built from nothing in 12 years.
The first secured crypto currency platform was launched in Dubai, by the Arab-based company Burency. The launch came as a pilot phase aimed at global general trading of digital currency.
The UAE all set to see rapid growth in cryptocurrency activities as the country known to be at forefront of innovation and emerging technologies