Dubai International Financial Centre, DIFC, has welcomed the first batch of Emirati students from the Young Economist Programme, an initiative by the Federal Youth Authority.
Cryptocurrency markets have seen intense gains on Wednesday after the payment processor Paypal announced it would be supporting digital currencies.
New York (CNN Business)PayPal is launching its own cryptocurrency service, allowing people to buy, hold and sell digital currency on its site and applications.
Coinend has announced the launch of its cryptocurrency gamified platform.
PayPal will offer its U.S. customers the option of buying and selling crypto.
The Dubai Financial Services Authority, DFSA, will be hosting “RegTech Live: Driving Compliance through Innovation”, a virtual event in partnership with the Dubai International Financial Centre Authority, DIFCA, on the 10th and 11th November, 2020.
The exchange rate of bitcoin gained 4.8% during Wednesday trading compared with the previous closing, reaching $12,500 per unit of cryptocurrency at some point.
China will work to expand the coverage of the directly funneled funds and improve the management of such funds as an effort to enable more efficient use of fiscal funds through reform to better serve the needs of economic and social development, the State Council’s executive meeting chaired by Premier Li Keqiang decided on Wednesday.
Compared to Asia, where regulations are a lot clearer, the US does not have well-defined rules that could boost confidence in digital currencies and help legitimise the crypto industry.
U.S. account holders can start buying and selling cryptocurrencies in “the coming weeks” while there are plans to expand “this to Venmo and some countries in the first half of 2021”.