Tagged: dubai

Ripple Set to Open New Office in Dubai By the End of 2018

Ripple has reportedly announced it is set to open a new office in Dubai by the end of 2018. According to CCN, the company’s Global Infrastructure Innovation Head, Dilip Rao, indicated at the 2018 Global Islamic Economic Summit that it will be focused on cross-border payments… Read More

deVere Group Launches Actively Managed “Cryptocurrency Solution” for Investors

An actively managed cryptocurrency solution has been launched by deVere Group. The company has founded the deVere Digital Asset Funds, a suite of digital currency solutions for experienced investors, in association with Dalma Capital Management Limited, a hedge fund manager in the Dubai International Financial Centre…. Read More

Startupbootcamp Debuts First Fintech Accelerator in Dubai

Startupbootcamp announced on Tuesday it has launched its FinTech Accelerator program in Dubai in order to support the city in its bid to become what it claims to be a world leader in financial services innovation and technology. The accelerator program organizer revealed that over the… Read More

Stablecoin: Dubai Offers Blockchain Payments in Partnership with Pundi X & Ebooc Fintech

Dubai will enable residents the ability to may digital payments using blockchain tech in a new partnership with Pundi X, Ebooc Fintech & Loyalty Labs LLC. XPOS devices that facilitate transactions are expected be rolled out at shopfronts in region  with provisions for an increase in coming… Read More

Dubai Police Commander Warns Citizens of Potential Crypto Fraud Risks

Dubai UAE Beach Camels fredrik-ohlander-unsplash

Major-General Khalil Ibrahim Al Mansouri, the Assistant-Commander of the Criminal Investigation Department of the Dubai Police, told attendees at a relevant forum in Dubai this weekend that a lack of awareness around possible criminal uses of cryptocurrencies in the UAE is putting citizens at risk,… Read More

Monetary Authority of Singapore and Dubai Financial Services Authority Strengthen Fintech Relationship

The Monetary Authority of Singapore (MAS) and the Dubai Financial Services Authority (DFSA) have strengthened their pre-existing Fintech relationship with a new agreement. According to MAS, this most recent collaboration will see mutual referrals of promising Fintech firms between the two jurisdictions.  The agreement is… Read More

Dublin / Dubai-Based Photography Marketplace Coinaphoto Now Seeking £500,000 Through Crowdcube

Coinaphoto, a Dublin /Dubai-based photography marketplace, has launched an equity crowdfunding campaign on Crowdcube, seeking £500,000 in funding for growth and expansion of its platform. Founded in 2015, Coinaphoto explained it has built a global community of over 200,000 contributors and features 55 million images. The rewards-based… Read More

FinTech Hive Reports More Than 300 Applications Were Submitted For 2018 Accelerator Program Edition

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced on Wednesday that more than 300 applications were submitted for the program’s 2018 edition. The accelerator began accepting application in May. As previously reported, FinTech Hive was… Read More

Dubai International Financial Centre Announces New Fintech Partnership With Startupbootcamp

Dubai International Financial Centre (DIFC) announced on Tuesday it has formed a new partnership with Startupbootcamp to support the development of the growing fintech and venture capital ecosystem in the Centre as well as promote entrepreneurship in the region. According to the organization, this partnership… Read More

FinTech Hive at DIFC Opens Applications For 2018 Accelerator Program

FinTech Hive at DIFC, a fintech accelerator that was established by the Dubai International Financial Centre (DIFC), announced over the weekend that it is now accepting applications for its 2018 program, kicking off a competitive search for the top fintech and insurtech innovators in the region…. Read More

Emirates NBD Teams Up With Fintech Platform CCRManager to Strengthen Trade Finance Capabilities

India-based banking group Emirates NBD announced on Wednesday it has joined forces with fintech platform CCRManager to further strengthen trade finance capabilities. According to the bank, the partnership announcement aligns with its digital strategy as it seeks to lead innovation in digital banking in the… Read More

Dubai Financial Services Authority Announces Fintech Innovation Testing Program Expansion

The Dubai Financial Services Authority (DFSA) announced on Wednesday the expansion of its Innovation Testing Licence (ITL) programme in response to continued interest in fintech and the digital economy. According to DFSA, the ITL program enables firms to test innovations in fintech in or from the… Read More

Department of Economic Development & Dubai Silicon Oasis Authority Announces Blockchain Commercial Registry Project

On Tuesday, the Department of Economic Development (DED) in Dubai and Dubai Silicon Oasis Authority (DSOA) unveiled a joint blockchain project that was developed in collaboration with Smart Dubai and IBM to improve ease of doing business in Dubai and facilitate foreign direct investments. According… Read More

Dubai International Financial Centre Reports Fintech Ecosystem Gains Further Momentum in 2018

Dubai International Financial Centre (DIFC), an international financial hub in the Middle East, Africa and South Asia (MEASA) region, announced on Monday important developments in its Fintech ecosystem that further strengthen its position as MEASA’s number one and one of the world’s top ten FinTech… Read More

UK Based Property Crowdfunding Platform Propnology Crowdfunds on Dubai based Eureeca

Propnology, a property crowdfunding platform that is based in the UK and has been in operation since 2015, is equity crowdfunding on Dubai-based Eureeca. One of the first FCA approved property investment  platforms, Propnology is seeking £300,000 for a 14% equity stake in the firm…. Read More

Cryptocurrencies are Here to Stay: Dubai Has Spoken

“Is the future of cryptocurrencies gold or dust?” That million-BTC question was debated at one of the sessions of the recent World Government Summit – a “Davos forum” based in Dubai which is often called the City of the Future. More than 4,000 participants from… Read More

Telegram’s ICO Raises $850 Million (So Far) According to Form D Filed with SEC

Telegram or “TON Issuer Inc,” (TON = Telegram Open Network) has filed a Form D with the Securities and Exchange Commission indicating Telegram has raised $850 million making it the largest initial coin offering ever. The date of the first sale was on January 29,… Read More

Why Not? Telegram is Planning a Massive Initial Coin Offering

Telegram, the social messaging app that every single ICO uses to share information and answer questions, is reportedly planning a massive ICO. The story was first picked up by Cyptovest referencing a post by former director Anton Rozenberg and a leaked roadmap. Rozenberg speculated that… Read More

Dubai Financial Services Authority & Hong Kong Monetary Authority Sign Fintech Cooperation Agreement

The Hong Kong Monetary Authority (HKMA) and the Dubai Financial Services Authority (DFSA) have signed a Fintech Co-operation Agreement today to boost collaboration between the two regulatory authorities, with a view to facilitating financial innovation in the two jurisdictions. The Co-operation Agreement was signed by… Read More

Australian Securities & Investments Commissions Signs New Fintech Cooperate Agreement With Dubai Financial Services Authority

This week, the Australian Securities and Investments Commission (ASIC) announced it has signed a new fintech cooperate agreement With Dubai Financial Services Authority (DFSA). According to the ASIC, this new agreement will enable it and the DFSA to refer innovative fintech businesses to each other… Read More

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