ARN News Centre

Abu Dhabi Crypto Hub launches in the capital

Thursday, 17 November 2022 08:24

Abu Dhabi Crypto Hub has been launched at Abu Dhabi Finance Week.

The new entity will serve as a key part of Abu Dhabi Global Market (ADGM) initiatives to support the role of the emirate as a financial hub.

Given the rapid emergence of new virtual assets such as cryptocurrencies and other related assets, ADGM is leading the way to introduce regulations around these technologies.

ADFW 2022 draws to a close tomorrow. November 18, with its final theme day entitled Regulation, Awareness, Collaboration & Ecosystem (R.A.C.E.).

More from Business

UAE-Russia services and investment agreement takes effect

An agreement aimed at boosting trade in services and investment between the UAE and Russia has officially come into force.
UAE backs closer tourism cooperation at BRICS meeting

The UAE has backed plans to strengthen tourism cooperation between BRICS countries at a ministerial meeting in Jaipur, India.
Abu Dhabi DoE expands tech partnerships during US visit

A delegation from Department of Energy - Abu Dhabi (DoE) has concluded an official visit to the United States aimed at expanding partnerships in energy and water innovation, regulation and advanced technology.
US, Canada fail to reach a tariff deal, deepen trade war

The United States and Canada have failed to reach a trade deal late on Friday, and the US said it would impose 50 per cent tariffs on some imports from Canada, an escalation of tensions between the two long-time allies.
Hudayriyat Island tops Abu Dhabi property sales

Hudayriyat Island has topped Abu Dhabi’s real estate market in sales value for a second consecutive quarter.