[ad_2][ad_1] The United Arab Emirates Central Bank (UAE) is collaborating with the Saudi Monetary Authority (SAMA) to issue a cryptocurrency accepted in cross-border transactions between the two countries. GulfNews press release in Dubai has reported this collaboration on December 12th. Mubarak Rashed Al Mansouri, the governor of the UAE central …
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[ad_2][ad_1] Abu Dhabi Global Market (ADGM), an international financial free zone within the United Arab Emirates, claims to have successfully completed the testing of a blockchain know-your-customer (KYC) application. The ADGM announced on Tuesday that the first phase of the project was concluded in association with its regulatory body, the …
Read More »[ad_2][ad_1] The Second United Arab Emirates (UAE) Government Annual Meetings The Emirates News Agency reported Nov. 28. AI and Blockchain Joint Working Group, participants addressed strategies to attract foreign investment and create necessary technological infrastructure, as well as potential challenges related to blockchain and AI adoption. The meeting announced the …
Read More »[ad_2][ad_1] The Dubai Department of Finance (DoF) has partnered with the Smart Dubai Office (SDO) to launch a blockchain-based payment system. The news was reported by a local Zawya news site, September 23rd. The new platform, called "Payment reconciliation and settlement", was officially launched on Sunday 23 September. It is …
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