The UAE has announced two initiatives pertaining to blockchain and artificial intelligence in a bid to become a leading country in the new technologies. The Second United Arab Emirates (UAE) Government Annual Meetings concluded with the introduction of two initiatives pertaining to blockchain and artificial intelligence (AI), the Emirates News Agency reported Nov. 28. At […]
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The Bahrain Institute of Banking and Finance is launching a course dedicated to blockchain development and implementation. The Bahrain Institute of Banking and Finance (BIBF) is launching what it claims to be the country’s first “Blockchain Academy,” according to an announcement published Nov. 26. The BIBF was established in the Kingdom of Bahrain in 1981 […]
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Al Hilal Bank has completed “the world’s first sukuk transaction” using blockchain technology. Al Hilal Bank, based in Abu Dhabi, the United Arab Emirates (UAE), has announced it has completed “the world’s first sukuk transaction” with the use of blockchain technology, Reuters reports Nov. 26. Sukuk, a legal instrument also known as “sharia compliant” bonds, […]
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Police in northern India have filed a chargesheet against four suspects accused of scamming a victim out of $0.8 – 1.4 million in a crypto investment fraud. Police in the northern Indian city of Chandigarh have filed a chargesheet against four suspects accused of scamming a victim out of ₹6-10 crore ($0.8 – 1.4 million) […]
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sponsored A new crypto exchange is going to be “100 percent owned” by users – with the community benefitting from voting rights and a share in profits. A hybrid community-owned digital asset exchange is hoping to simplify trades and investments while driving down the cost of transactions. DAREX’s hybrid model enables users to trade utilities […]
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Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau for its ETH-based stablecoin. Switzerland-based fintech firm X8 AG has received a certification from the Shariyah Review Bureau (SRB) for its Ethereum-based stablecoin, Reuters U.K. reports Nov. 12. SRB is a leading Sharia consultancy and audit firm licensed by the central […]
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The Abu Dhabi Securities Exchange has reportedly issued a thought paper on crypto and blockchain infrastructure for issuing digital assets. The Abu Dhabi Securities Exchange (ADX) has issued a thought paper on cryptocurrency and blockchain infrastructure for issuing digital assets, reports the Emirati government news agency WAM Nov. 6. The document was reportedly issued […]
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sponsored A new project from Dubai, HetaChain, is developing a universal blockchain platform with “industrial scale computational capabilities.” The project is intended to make blockchain more easy-to-use and flexible for regular users and developers. HetaChain aims to help governmental services, businesses, and organizations create decentralized applications (DApps) and integrate them into different industries, such as […]
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Cryptocurrencies traded in a tight range this week, continuing a period of low volatility. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data […]
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Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds. Major independent financial consulting company deVere Group has launched a suite of new Digital Asset Funds targeting “experienced investors,” according to a deVere press release published Nov. 1. According to the company’s website, deVere has more than $10 billion […]
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