Dubai

Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs

1 month ago kakp2 Comments Off on Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs
The head of the Hong Kong Securities and Futures Commission (Hong Kong SFC) said during a speech on April 13 on “New Technologies and Asset Management” that the type of fundraising conducted through Initial Coin Offerings (ICO) is better suited to venture capital funds. Julia Leung, who is also the chair of the 2016 established Read More

Dubai To Release Blockchain-Based System To Track Vehicle Lifecycles

3 months ago kakp2 Comments Off on Dubai To Release Blockchain-Based System To Track Vehicle Lifecycles
Dubai’s Roads and Transport Authority (RTA) has announced plans to launch a Blockchain-based vehicle lifecycle management system in 2020 that would provide customers which a history of their vehicle from “the manufacturer all the way to the scrap yard,” local news outlet Arabian Business reported yesterday, Feb. 27. The Blockchain project, formed in connection with Read More

Israel Government Considering National Cryptocurrency

4 months ago adcity Comments Off on Israel Government Considering National Cryptocurrency
Following in the footsteps of Russia and Dubai, Israel is considering offering a national cryptocurrency – a digital shekel – which would correspond in value to physical shekels. According to the sources close to the Finance Ministry, Israel’s black market is approximately 22 percent of the country’s gross domestic product. A digital currency, registered with the government of Israel, would make black market transactions Read More