Regtech firm Coinfirm found that 69 percent out of 216 global crypto exchanges do not have “complete and transparent” KYC procedures. Only 14 percent of 216 global crypto exchanges were confirmed as being licensed by regulators, regulatory technology (regtech) startup Coinfirm found in its crypto exchange risk report released on March 27. Coinfirm, а London–based […]
Continue ReadingThe United Arab Emirates Banks Federation and the Abu Dhabi Global Market hosted a joint forum on crypto assets and fintech. The United Arab Emirates Banks Federation (UBF) and the Abu Dhabi Global Market (ADGM) hosted a joint forum on crypto assets and fintech, the UAE’s official news outlet Emirates News Agency reported on March […]
Continue ReadingThe top 20 cryptos by market cap seen mixed signals today, with some coins seeing growth reaching 10 percent. Tuesday, March 12 — crypto markets are trading sideways, with total market cap hovering between $133–$134 billion, and Bitcoin (BTC) holding $3,900 for the most part of the day. The top 20 cryptocurrencies by market cap […]
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Saudi ATM provider Alhamrani Universal and blockchain firm ShoCard will jointly develop a new type of ATM combining blockchain and biometrics technologies. Saudi automated teller machine (ATM) provider Alhamrani Universal (AU) has collaborated with blockchain identity platform ShoCard to develop a blockchain-based biometric ATM, according to a press release published on Feb. 27. The collaboration […]
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Most of top 20 coins are in red today after a short recovery attempt on Monday. Tuesday, Feb. 26: after a brief recovery attempt yesterday, crypto markets have lost more than $2 billion in terms of total market capitalization today, with the top 20 cryptocurrencies seeing mixed signals. While the market is overall trading sideways, […]
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Finablr, a major payments and foreign exchange firm based in UAE, joins RippleNet to launch cross-border payments with Thailand. Finablr, a global payment platform and foreign exchange operator based in the United Arab Emirates, has joined Ripple’s (XRP) RippleNet blockchain network, a press release reveals on Feb. 11. Finablr’s network brands, UAE Exchange and payment […]
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The UAE Ministry of Finance will hold two closed sessions devoted to global financial trends, including the development of blockchain and digital currencies. The Ministry of Finance (MoF) of the United Arab Emirates (UAE) will discuss the development of blockchain and digital assets in the country’s economy at the 7th World Government Summit. The news […]
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Six commercial UAE and Saudi Arabian banks have joined a digital currency project meant for cross-border interbank transactions. Six commercial banks from Saudi Arabia and the United Arab Emirates (UAE) have joined a digital currency project, major Saudi Arabian financial news portal Argaam reports on Feb. 5 Referring to comments from the UAE central bank […]
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Crypto markets are largely trading sideway, with top coins reporting some small gains. Feb. 1 — Markets are relatively quiet, as major coins are trading sideways, with most seeing small gains over the 24-hour period. Market visualization from Coin360 The top cryptocurrency Bitcoin (BTC) is hovering below the $3,500 mark, trading at $3,492 at press […]
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The entry of major players such as investment firm Fidelity and the governments of UAE and Saudi Arabia instills confidence in the crypto market. 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 […]
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