[Dubai established a digital asset business group to focus on strengthening the digital asset industry] Jinse Finance reported that recently, the Dubai Digital Economy Chamber of Commerce announced the establishment of the Dubai Digital Asset Business Group (D2A2). According to the Emirates News Agency (WAM), the group will focus on strengthening the role of the digital asset industry in the economic development of the United Arab Emirates and the entire Middle East region. Its mandate also includes strengthening business infrastructure to support the development of digital assets in the emirate of Dubai.
Omar bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Teleworking Applications, commented that the establishment of D2A2 is in line with the Dubai Digital Economy Chamber's strategy to accelerate the growth of the emirate's digital economy. (CoinGeek)
Other news:
Three Arrows Capital Moves Headquarters from Singapore to Dubai: Golden Finance reports that crypto venture capital firm Three Arrows Capital is moving its headquarters from Singapore to Dubai, United Arab Emirates. The plan comes as Three Arrows organizes its first-ever fund, which will take money from outside investors, according to a source familiar with the matter. Three Arrows Capital is the latest cryptocurrency giant to focus on the Middle East as the regulatory environment in Singapore appears to have deteriorated.
Su Zhu, the co-founder of Three Arrows Capital, confirmed that he will move to Dubai, and said that the energy source of Dubai’s digital asset industry is now electricity. We have decided to move the headquarters of Three Arrows to Dubai. I look forward to meeting more technology startups. Three Arrows declined to comment on the fundraising plans.
The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, has begun cracking down on crypto activities, adding several crypto companies to its Investor Alert List (IAL), the country’s central bank and financial regulator is reported to have said. (Coindesk) [2022/4/29 2:38:38]
News | Alibaba Group may acquire Dubai Alibabacoin: Recently, the Alibabacoin Foundation and China’s Alibaba Holding Group filed a lawsuit in the Manhattan court of the United States on the issue of trademark licensing. According to Jason Daniel Paul Phillip, CEO of the Alibabacoin Foundation, the Alibabacoin Foundation filed a settlement with Alibaba Group a month ago. Faced with ongoing settlement talks, Alibaba Group responded by saying they were looking to acquire startups in Dubai. It is reported that the Alibabacoin Foundation received a preliminary injunction requested by Alibaba Group in April this year. [2018/10/19]
World Blockchain Forum in Dubai in April: On April 16-17, the World Blockchain Forum (WBF) will be held in Dubai, where many individuals and businesses will discuss blockchain and digital currency solutions. Dubai wants to become a leader in the blockchain space globally. [2018/3/14]
On August 13th.
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Block Chain:8/16/2022 12:27:45 PMJinse Finance News, according to Glassnode data.
Block Chain:8/15/2022 12:25:14 PMJinse Finance reported that blockchain game developer Fracture Lab.
Block Chain:8/15/2022 12:26:13 PM[Report: The number of people working in the blockchain field has climbed by nearly 80% year-on-year.
Block Chain:8/13/2022 12:22:40 PM