The project now includes central and commercial banks of China, Hong Kong, Thailand and the UAE. Future new members were not identified.
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Saudi Arabia looks to blockchain gaming and Web3 to diversify economy
The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3.
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Bitcoin may hit $100K by capturing ‘even 2 to 5% of gold’s market cap’ — Hut 8 VP Sue Ennis
New developments in the Bitcoin mining space have Hut 8 vice president Sue Ennis convinced that well-positioned miners will thrive after the next BTC halving.
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Nomura, CoinShares, Ledger joint venture Komainu wins Dubai crypto license
Komainu completed the final step in VARA’s licensing process nearly 10 months after securing its MVP license in November 2022.
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Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and
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Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
The M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody digital assets.
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