At a meeting of the UAE Digital Economy Council attended by the Minister of State for Artificial Intelligence, Digital Economy and Remote Work, he revealed that nine UAE banks, six UAE exchange houses and three UAE insurance companies have begun using blockchain-based solutions in the past few months.
Omar bin Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications, confirmed that the UAE government is adopting a proactive approach based on designing visions and goals, as well as developing and implementing initiatives and projects that lay the foundations of the pioneering digital economy. This economy combines national skills and technological solutions, and constitutes an advanced model that contributes to achieving the goals of the National Strategy for the Digital Economy, by doubling the contribution of the digital economy to the non-oil GDP over the next decade.
šCryptocurrency lawyer files lawsuit to reveal the identity of Satoshi Nakamoto. The lawsuit filed by attorney James Murphy is based on a statement made by the special agent of the U.S. Department of Homeland Security (DHS), Rana Saoud, at the OffshoreAlert conference in 2019 in Miami. Saoud claimed that DHS agents met with several individuals involved in the creation of Bitcoin and Murphy is demanding that the DHS voluntarily release these materials.
š The prices of alternative currencies have decreased due to the actions of Wintermute, as the market maker sells assets from its balance, causing the price of many alternative currencies to drop by 30-40%.
šThe Central Bank of the UAE has revealed the new symbol for the dirham in both its paper and digital forms, coinciding with the UAE's accession to the Global Code of Conduct for Foreign Exchange. The bank also announced the development of a comprehensive platform for the digital dirham ecosystem, supported by smart contract technologies and tokenization aimed at accelerating the transition to a fully integrated digital economy.
šBinance announces the twelfth project on the HODLer Airdrops page: āBubblemaps (BMT)
āšAn innovative project that allows users to receive free tokens (Airdrops) based on their previous subscriptions!
āšHow to benefit?
āšøThose who subscribed to BNB in Simple Earn products (flexible or locked) or ā On-Chain Yields during the period from šļø March 2, 2025, to šļø March 6, 2025, will receive BMT distributions directly to their spot accounts.
āš Deposits available two hours after announcement:
āā ļø Currently, BMT is trading on Binance Alpha Market, but it will be removed from there once spot trading begins.
āšToken details (BMT):
ā šø Name: Bubblemaps (BMT)
ā šø Total supply at launch:
ā 1,000,000,000 BMT
ā šøRewards: ā30,000,000 BMT (3%)
āšā ļø Important notice: āPlease do your own research (DYOR) and verify thoroughly before trading BMT tokens outside of Binance to avoid scams and ensure the safety of your funds.
šThe guest list for the cryptocurrency summit at the White House has been revealed on March 7, when President Trump is scheduled to host the first cryptocurrency summit at the White House, bringing together top representatives from the cryptocurrency industry and senior government officials.
šThe summit is receiving significant attention as discussions are expected to revolve around the establishment of a U.S. strategic reserve of Bitcoin, and Secretary of Commerce Howard hinted that Bitcoin may receive special consideration in the administration's cryptocurrency policy.
šMichael Saylor expects the cryptocurrency market to grow by $280 trillion. Michael Saylor, co-founder of Strati, presented a framework for digital assets to the U.S. House Financial Services Committee.
šIn this framework, Saylor expects the cryptocurrency market to expand to $280 trillion and estimates its broader economic impact to be around $590 trillion.
šHe stated that the strategic reserve of Bitcoin could generate between $16 to $81 trillion for the U.S. Treasury, paving the way for offsetting the national debt.
šJudicial bodies and leading scientific institutions in China have discussed the research and legal status of cryptocurrencies, and the state aims to improve its domestic regulatory framework for digital assets. Over the past four years, China has imposed a ban on trading and mining cryptocurrencies.
šGoogle seeks to simplify the use of cryptocurrencies Google is actively developing solutions to facilitate the use of cryptocurrencies.
šThanks to this initiative, Bitcoin wallets will support Google accounts in the future and the company is also working to enhance the security of these payments.
š Political cryptocurrency scams on the rise Influential members of the cryptocurrency community have confirmed that launching and subsequently disposing of tokens by national leaders has become almost the norm.
š Another fake account promoting the Bermuda governmentās cryptocurrency has been identified as a clone of Prime Minister David Burt, with the politician himself warning his followers.
š Every now and then a head of state or politician will appear who creates a meme coin, promotes it on their official account, and then, after making a profit, deletes their tweets about it. The situation is ridiculous ā¼ļø
šX Money is preparing for a full launch in 2025 Fireblocksā Ran Goldie has stated that X Money could implement cryptocurrency payment support as early as the end of this year, with full integration expected by 2025.
šThe partnership with Visa already allows for transfers between digital wallets and banks, indicating an expansion of the platformās functionality.
šThe second day of#BinanceCampusbegan with rich workshops and discussions, in addition to an entertainment program that added a special atmosphere. Thanks to the @BinanceArabic platform for this wonderful event, and as you always accustom us to excellence. All the best to everyone, and I wish you happy times š
šFlorida may create a Bitcoin reserve Senator Joe Gruters has introduced a bill that would allow the state of Florida to invest a portion of its government reserves in Bitcoin and other digital assets. According to the proposal, these investments may not exceed 10% of the funds in any account.
š Hong Kong šš° could become a cryptocurrency mecca for investors The islandās authorities have officially passed a law that stipulates that BTC and ETH serve as proof of assets for obtaining an investor visa.
š All of this is possible by applying for residency under the new capital investment scheme.
Berachain (BERA): Join the HODLer Campaign on Binance and Earn Exclusive Crypto Rewards with Simple Earn āļøš¤
šHello everyone, today we are talking about Berachain (BERA), the seventh project on the HODLer Airdrops page in Binance. If you are looking for an effective way to increase your rewards in the crypto world, this is your golden opportunity to get exclusive Airdrops for Simple Earn users.
šProof-of-Liquidity (PoL) mechanism:
šø An innovative consensus mechanism that differs from traditional proof of work (PoW) or stake (PoS).
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