Abu Dhabi Global Market Launches Crypto Regulatory Framework

Regulation The financial authority of Abu Dhabi Global Market has launched a regulatory framework for cryptocurrency activities following the completion of a public consultation. The market’s financial watchdog has also published a guideline explaining how crypto asset activities are now regulated. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Regulatory Framework Launched Abu…

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Opening Shop? Dubai Government Launches Blockchain Business Registry

Join our community of 10 000 traders on Hacked.com for just $39 per month.Dubai’s government is turning to blockchain technology to pave the way for foreign investments and businesses to come into the city-state Emirate. In an announcement on Tuesday, the city’s Department of Economic Development (DED) has unveiled a joint blockchain endeavor alongside the…

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US Judge Denies Alibaba’s Request To Stop Alibabacoin From Using Matching Name

A US court has ruled this week against the Chinese e-commerce giant Alibaba’s request for an injunction against the Dubai-based Alibabacoin Foundation (ABBC Foundation) due to their similar names, Forbes Middle East reported yesterday, May 1. In the beginning of April, Alibaba sued the ABBC Foundation for copyright infringement, alleging that Alibabacoin engaged in “prominent,…

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