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UAE Unveils “Responsible Metaverse Self-Governance Framework”

The UAE introduces a "Responsible Metaverse Self-Governance Framework" emphasizing the need for globally accepted standards. Collaboration with Okx and a call for international cooperation in self-regulation are at the forefront. The United Arab Emirates government, in collaboration with crypto exchange Okx, has introduced a 35-page...

Historic Agreement between India and the United Arab Emirates Enables Trade Settlement in Rupees and Dirhams

India and the United Arab Emirates (UAE) signed a memorandum of understanding on Saturday to enhance trade settlement in rupees and dirhams. Indian Foreign Minister Vinay Mohan Kwatra stated that Prime Minister Narendra Modi's visit to Abu Dhabi was a "turning point in the...

Coinbase sees the UAE as a strategic hub for its international operations

The UAE is one of the fastest emerging countries in the field of cryptocurrencies, and this is what attracted the attention of Coinbase, the largest cryptocurrency trading platform in the United States. The platform announced last week that it considers the UAE a strategic...

India and UAE collaborate on developing digital currencies

The central banks of India and the UAE have signed a cooperation agreement to verify the compatibility between each country's digital bank currencies. India and the UAE will conduct joint pilot programs on these digital bank currencies. The banks will conduct joint experiments to...