Friday, March 29, 2024

Dubai

by Hideo Nakamura
Dubai

Dubai is a city and emirate in the United Arab Emirates known for its modern architecture, luxury shopping, vibrant nightlife scene and rich cultural heritage. It has become an international hub for finance and trade, especially within the Middle East. In recent years it has also seen significant growth in cryptocurrency investment as many of its citizens have embraced digital currencies as part of their financial portfolio.

The Dubai government supports blockchain technology investments with several initiatives including The Global Blockchain Council which was established to explore opportunities related to distributed ledger technologies (DLT). Additionally, Dubai’s Smart Dubai initiative aims to transform all municipal services into smart services that are enabled by DLTs such as Bitcoin or Ethereum.

Cryptocurrency exchanges available in the UAE include BitOasis, SADAD Payments & Exchange Services LLC., Rain Financial KSA Limited and Block Gemini Technologies FZE among others. These offer traders access to major coins like BTC/USD pairings along with other popular trading pairs based on ETH/USD or LTC/BTC etc.. They also allow customers from countries around the world—including outside of MENA region—to use their platforms through bank transfers, credit cards or even cash deposits at local branches depending on each exchange’s policies & regulations.

For more information about cryptocurrencies in Dubai please visit any one of these websites:

•https://www2-dubaigov-ae-smartservicesportal3v1webapiaccountsservicesusers_pagescryptocurrenciesintroaspx  (Smart Dubai)  
•http://uaeexchangegroupcom/?page_id=14&tpl=uaeexchangetabspage&tabname=bitcoin (UAE Exchange Group)
                                                    ​ • https://bitoasissacom/(BitOasis)

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