Ripple’s XRP Approved by Dubai Authority; Partners with Georgia on Digital Currency
On November 2, Ripple announced that its XRP token has received approval from the Dubai Financial Services Authority (DFSA) under...
Indian Crypto Exchange Urges Government to Slash High Transaction Tax
Coindcx Criticizes 1% Tax for Hampering Local Crypto Market and Boosting Overseas Trading In a recent appeal, Coindcx, a prominent...
UAE Central Bank Completes World’s Largest CBDC Pilot with China
The Central Bank of the United Arab Emirates (CBUAE) has announced the successful completion of the world’s largest pilot project...
Botim Targets Expansion into India, Pakistan, Egypt, and Philippines with Monthly Transactions of $272M
UAE-based technology firm AstraTech is gearing up for an ambitious expansion of its financial platform, Botim. Following recent success, with...
How Blockchain Technology Is Changing Financial Services: Progress, Challenges, and Future Potential
Blockchain technology has long been seen as a potential game-changer for the financial services industry. In 2015, when Blythe Masters,...
China Unveils New Crypto Game ‘MetaCene’ to Revive Crypto Gaming Scene
China is set to make waves in the gaming industry with the upcoming launch of MetaCene, an innovative blockchain MMORPG....
Bitcoin Could Soar to $56,000 if SEC Approves BlackRock’s ETF, Says Matrixport
Matrixport, a prominent cryptocurrency financial services platform, predicts that bitcoin could see a substantial price surge, potentially reaching $56,000, if...
mBridge Adopts Ethereum-Based Protocol to Challenge SWIFT, Exploring Ripple and XRP Integration
The mBridge project, a collaborative effort by central banks, is taking a significant step forward by transitioning to a new...
Dubai to Host Standard Chartered’s New Bitcoin and Ethereum Custody Service in 2024
Starting in the first quarter of 2024, Standard Chartered PLC will introduce a new crypto custody service for Bitcoin (BTC)...
UAE to Launch First National Domestic Card Scheme to Boost Digital Payments
The United Arab Emirates (UAE) is set to launch its first national Domestic Card Scheme (DCS) aimed at promoting digital...
