Biggest cryptocurrency dropped as much as 7.6% to $3,867 on Friday, bringing its monthly loss to about 37% Bitcoin is poised to register its biggest monthly decline in more than seven years as investors reevaluate the prospects of digital money following last year’s euphoria. The...

Abu Dhabi Global Market works with Islamic bank, FinTech firm to pilot smart blockchain sukuk Abu Dhabi Global Market (ADGM) on Monday announced its collaboration with Al Hilal Bank and Jibrel Network to develop and test the next generation of shariah-complaint sukuk transactions....

Abu Dhabi Securities Exchange issues a paper on infrastructure for crypto environments as it looks to manage the transition to more encrypted assets Abu Dhabi Securities Exchange (ADX) has announced the issuance of a paper on infrastructure for crypto environments as it looks to manage...

Bitcoin, the world's first and most famous cryptocurrency, celebrates its tenth birthday on Wednesday. Its emergence has spawned a multitude of other digital currencies, brought blockchain technology to global attention, and vexed regulators worried about its crime misuse and weakness...

Dubai Blockchain Platform is set to transform and digitize applicable government processes and citizen services Smart Dubai and IBM on Tuesday announced the launch of the Dubai Blockchain Platform, the first government-endorsed blockchain platform in the UAE. Delivered through an...

The world's first cryptocurrency is at the forefront of a complex financial system viewed warily by markets and investors October 31, 2008 marked the birth of bitcoin. Ten years on, the world's first cryptocurrency is at the forefront of a complex financial system viewed warily by...

Consumers can use digital currency to make retail payments, pay for government utilities, telecommunication, and school fees via emcash Citizens and residents of Dubai will be able to make digital payments for school fees, bills and retail purchases with a stable, digital currency...

Digital currencies stolen from exchanges in 2017 totaled just $266mln Theft of cryptocurrencies through hacking of exchanges and trading platforms soared to $927 million in the first nine months of the year, up nearly 250 percent from the level seen in 2017, according to a report from...

Mastercard Middle East and Africa president Raghu Malhotra says he is 'not a great believer' in cryptocurrencies Cryptocurrencies are “like gambling”, even if the underlying blockchain technology has a number of potential and promising applications, according to Mastercard’s president...

ADGM chief tells Fintech Abu Dhabi that e-KYC, private financing and trade finance platforms should ease access to funding The chairman of Abu Dhabi Global Markets (ADGM) has said that it intends to extend the electronic know-your-customer (e-KYC) technology developed to help banks...