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UAE with Saudi Arabia to Develop a Cryptocurrency

United Arab Emirates (UAE) with Saudi Arabia are working together to develop a new cryptocurrency. This will be used in Cross-border transactions and banks. According to Emirate News Agency, Executive Committee of the Saudi-Emirati Coordination Council meeting was held in Abu Dhabi the capital of UAE. Here over 16 members...

Jake Hill

Abu Dhabi FRSA Proposes Regulation of Cryptocurrencies

Financial Services Regulatory Authority (FSRA) in Abu Dhabi published a document today. A bill to regulate the trade in cryptocurrencies. This has been already been announced in mid of February. This announcement of the FSRA is released through the Abu Dhabi Global Market (ADGM). This ensures that this legal framework...

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