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.
South Korean cryptocurrency exchange Bithumb plans to expand in the Middle East, starting with a licensed exchange in the UAE.
Remittance firms UAE Exchange and Unimoni now offer blockchain-based payments to Thailand using RippleNet.
BitOasis has secured an in-principle approval, taking it one step closer to offering a regulated crypto exchange to the Middle East.
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
Abu Dhabi-based money transmitter UAE Exchange is working with Ripple to launch blockchain remittances to Asia early next year.