The Digital Currency Council (DCC) has announced that it will join California-based 500 Startups' accelerating programme.
The UAE central bank is seeking to prohibit the use of digital currencies in the financial sector.
Dubai is set to play host to a conference on digital currencies months after a blockchain effort in the country was first unveiled.
A group of Chinese investors has reportedly been defrauded after being pitched on a cryptocurrency launched in 2014 by a local UK government body.
A new European Parliament draft report on digital currencies calls for the creation of a task force specifically devoted to the technology.
Barcelona city council is reportedly working to launch its own digital currency in the next six months.