The Dubai World Trade Centre will become a crypto zone

On Monday, the Dubai Media Office said that the Dubai World Trade Centre (DWTC) will become a crypto zone and regulator for other virtual assets and cryptos. It is a part of the efforts to lure new business as regional economic competition rises. According to the statement, DWTC’s stance to develop a specialized zone for…

Tata Steel accomplishes blockchain-enabled trade between Bangladesh and India

Tata Steel has accomplished a blockchain-enabled paperless export order with Bangladesh’s metal major. This is the first such transaction accomplished between a counterparty in Bangladesh and an India-based firm. Primarily, Tata Steel, in a global first for the steel industry, had utilized a blockchain platform launched by HSBC to accomplish a trade finance deal with…

Mega cryptocurrency expo in Dubai to host a mega-conference next month

Dubai will host a grand event that is being cited as the largest crypto-event to date. According to a press release, the CED2021: Crypto Expo Dubai is set to host above 3,000 delegates from October 13 – October 14. The event is focusing on prompting discussions around the growth of crypto in Africa and the…