カテゴリー: abu dhabi

In the Daily: UAE Needs to Keep up With Crypto, Australia to Support Local Blockchain Industry

In the Daily: UAE Needs to Keep up With Crypto, Australia to Support Local IndustryIn this edition of The Daily we feature two countries that want to promote their positions in the cryptocurrency and blockchain world. In the UAE a top banker has stated that keeping up with crypto is crucial to become an international financial hub and in Australia the government is investing in the local industry. Additionally, […]

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Bahrain’s Central Bank Issues Draft Crypto Regulations

Bahrain’s Central Bank Issues Draft Crypto RegulationsThe Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf.   Also read: New Bitcoin […]

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Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency Assets

Abu Dhabi Securities Exchange to Create Infrastructure for Cryptocurrency AssetsThe Abu Dhabi Securities Exchange has released a paper aimed at creating the infrastructure necessary to accommodate transactions with cryptocurrency-based assets and facilitate the implementation of distributed ledger technologies in the emirate. The platform wants to support financial institutions in their efforts to introduce services related to innovative investment instruments. Also read: Professional Course Prepares […]

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

Regulations Round-Up: MAS Official Says Tokens Aren't Securities, SEC on Bookkeeping ObligationsIn recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […]

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

Regulations Round-Up: MAS Official Says Tokens Aren't Securities, SEC on Bookkeeping ObligationsIn recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […]

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

Regulations Round-Up: MAS Official Says Tokens Aren't Securities, SEC on Bookkeeping ObligationsIn recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […]

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Regulations Round-Up: MAS Official Says Tokens Aren’t Securities, SEC on Bookkeeping Obligations

Regulations Round-Up: MAS Official Says Tokens Aren't Securities, SEC on Bookkeeping ObligationsIn recent regulatory news, an official representing the Monetary Authority of Singapore (MAS) has stated that no existing crypto tokens meet the regulator’s definition of a security offering; the chief accountant of the United States Securities and Exchange Commission (SEC) has emphasized the “fundamental” bookkeeping responsibilities of firms operating with cryptocurrencies; and the head of […]

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Abu Dhabi Global Market Launches Crypto Regulatory Framework

Abu Dhabi Global Market Launches Crypto Regulatory FrameworkThe financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu Dhabi […]

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ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDs

ADS Securities Adds Bitcoin Cash, Litecoin, and Ripple CFDsCryptocurrency CFDs are now a must-have feature for all online retail brokers in order to retain clients judging by the scope of the industry that is adding the instrument. The international brokerage ADS securities is now offering five different cryptocurrencies to its traders.  Also Read: Bitcoin Mules Flood China as OTC Cryptocurrency Trading Flourishes ADS […]

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Dubai Issues License to Cryptocurrency Firm

Dubai Issues License to Cryptocurrency FirmThe largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses […]

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