Tag: Digital Currency
Phoenix Group partners with Tether to launch ‘UAE Dirham-pegged stablecoin’
ADX-listed Phoenix Group PL, the UAE’s multi-billion dollar tech conglomerate, partners with Tether to launch a stablecoin pegged to the UAE Dirham.
This initiative, supported...
Abu Dhabi’s global digital currency platform HAYVN closes Series A funding
HAYVN, an Abu Dhabi-based global institutional digital currency platform, has completed its Series A fundraising round, led by Red Acre Ventures and Hilbert Group.
As...
Bahrain Central Bank, Bank ABC & JP Morgan join for digital...
The Central Bank of Bahrain (CBB) is partnering with American investment bank JP Morgan and Arab Banking Corporation (Bank ABC) in a pilot scheme...
Britcoins anyone? UK’s Sunak proposes new digital currency
British finance minister Rishi Sunak told the Bank of England (BoE) to look at the case for a new "Britcoin", or central bank-backed digital...
The world’s richest are in disagreement over the volatile Bitcoin
According to Bill Gates, world’s third richest man, philanthropist and co-founder of Microsoft, you shouldn’t be buying bitcoin unless you are among the world’s...
PayPal not interested in buying cryptocurrency: CFO
US-based online payment processor PayPal is not likely to buy digital currencies like bitcoin, though the company does see immense opportunity in the digital...
Mastercard to support few cryptocurrencies on its network
The American financial services company Mastercard has revealed its plans to offer support for some cryptocurrencies on its network this year, joining a group...
Bitcoin prices surge as Tesla invests $1.5bn: Prepares to accept it...
World's largest electric vehicle and battery maker Tesla has bought $1.5 billion worth of bitcoin, the cryptocurrency. The announcement led to a surge in...
