Blockchain ‘Radically Simplifies’ KYC, Say UAE Trial Participants

An Abu Dhabi financial center and KPMG say they have successfully completed a trial of a blockchain-based know-your-customer application.

United Arab Emirates to Allow ICOs as Corporate Funding Option

The U.A.E. plans to introduce regulations that would permit initial coin offerings to be used as a means of fundraising for domestic companies.

Oil Data Firm Platts Rolls Out Commercial Blockchain Platform

Energy markets data provider S&P Global Platts has announced the commercial deployment of a blockchain network for sharing oil inventories.

UAE Financial Watchdog Warns Investors Over ICO Risks

A financial regulator in the UAE has issued a warning to investors on the risks of participating in token sale activities.

The Transformed Role of Government in the Blockchain Era

Embracing change might not be easy for governments, but it can be done, according to the head of Dubai's ambitious blockchain agenda.

Saudi, UAE Central Banks Team Up to Test Cryptocurrency

The central banks of the United Arab Emirates and Saudi Arabia are reportedly testing a new cryptocurrency for cross-border payments.

UAE Central Bank Governor: Bitcoin ‘Easily Used’ for Money Laundering

UAE Central Bank Governor Mubarak Rashed Al Mansouri issued critical remarks about bitcoin during an event this week.

US Commerce Department Backs Blockchain Trade Mission to UAE

Representatives from the blockchain industry are in the United Arab Emirates this week on a trade mission backed by the U.S. Department of Commerce.

Blockchain Startup ArabianChain Nets $817k from New Investor

A UAE-based public blockchain startup has received $817,000 in funding from a private investor.