Ayshei.com, an upcoming web3-enabled online marketplace, is gearing up to redefine online commerce in the UAE. Backed by Medad Holding and leading investors, the platform is set to officially launch at the beginning of 2024. The move comes amid projections of the UAE e-commerce market reaching $17.2 billion by 2027, marking a significant shift in the digital marketplace landscape.
JoyThe UAE updates its AML and sanctions rules, focusing on digital assets, aligning with global standards, and enhancing financial security.
SanyaWithin the updated guidelines, stringent measures have been introduced; imposing penalties on VASPs found operating without the requisite licenses within the jurisdiction.
CatherineThe plan is to launch the stablecoins on DEXes, including Uniswap, Sushiswap, and Pancakeswap.
AlexThe Reserve Bank of India (RBI) has formed a partnership with the Central Bank of the United Arab Emirates (CBUAE).
BitcoinistThe Central Bank of the United Arab Emirates (CBUAE) said on Wednesday it has completed the world’s largest pilot of central bank digital currencies (CBDC) transactions, with other regulators including the People’s Bank of China’s Digital Currency Institute.
OthersThe world is changing with more innovative approaches and techniques for all processes in the future, Web 3 is the new movement.
BitcoinistThe Metaverse is a term used in the blockchain industry to describe an imaginary world brought to reality with fiber-optics technology.
BitcoinistHe has expressed optimism in terms of the crypto future in his piece published in The Banker on September 28.
OthersUAE has made blockchain technology a key focus for its future strategies and currently building a decentralized ecosystem to make it a global blockchain hub.
Cointelegraph