Dubai on track to adopt digital currencies
Dubai is on the right track by adopting the digital currencies as the increasing number of firms taking benefits of simplifies global trade through digital coins. The recent approval of Circle Internet Group's USD Coin (USDC) and Euro Coin (EURC) as recognized crypto tokens in the Dubai International Financial Centre (DIFC) is a step ahead. This was stated by Lluis Mas, Chairman of Belobaba while talking to media in Dubai and added that “Dubai’s reputation as a global leader in blockchain and fintech adoption is strengthen as over 6,000 firms...