Category: UAE

Bahrain central bank licenses Sharia-compliant crypto exchange

Bahrain central bank licenses Sharia-compliant crypto exchange

Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia. 8758 Total views 39 Total shares CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired “Crypto Assets Services Company License” […]

Continue Reading

Commodity trading gets sweeter with blockchain-based sugar exchange

Commodity trading gets sweeter with blockchain-based sugar exchange

The UAE project will allow clients to trade tokenized sugar 24/7 without brokers, and fits into the Emirate Blockchain Strategy 2021’s goals The world’s largest sugar refinery, Al Khaleej Sugar, officially announced the application of blockchain technology in its recently launched sugar trading platform, DigitalSugar.io. Users of the UAE-based platform will trade the spot price of […]

Continue Reading