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In spite of the January market slump, it can be expected that cryptocurrency market is growing (fast), however it needed to consolidate somehow and get rid of too much speculation that springs from investors’ excessive expectations.
Read moreFintech startups have created quite a buzz in the region, raising over $100 million in the last five years. Investment in this sector is well warranted, considering the fact that traditional banks have had limited success in the region, where 70% of the population do not even have a bank account.
Read moreOneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold in an initial offering expected to raise more than $500 million in capital, company chief executive officer Ibrahim Mohammed told Reuters in an interview.
Read moreOneGram, a Dubai technology firm, has launched the first-ever digital currency backed by gold in an initial offering expected to raise more than $500 million in capital, company chief executive officer Ibrahim Mohammed told Reuters in an interview late on Tuesday.
Read moreOneGram, an Islamic financial services and technology company, is partnering with GoldGuard, which is building one of world’s largest gold vaults in Dubai, to create the world’s first completely gold-backed digital currency.
Read moreIslamic financial services and technology company OneGram is partnering with GoldGuard, a Dubai-based online gold trading platform, that is building one of world’s largest gold vaults inside the Dubai Airport Free Zone, to create the first completely “gold-backed digital currency” globally. Each token represents a gram of gold and redeemable.
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