The Securities and Commodities Authority had previously warned caution about digital, token-based fundraising activities
ICO
Video: The rise, fall (and rise again?) of cryptocurrencies in the UAE
Cryptocurrencies, initial coin offerings and blockchain applications have consistently divided opinion since the spectacular rise and fall of the likes of bitcoin in recent months.
Video: What is an ICO?
The initial coin offering, or ICO, has become the hot new strategy for companies to raise capital through the issuing of digital tokens. What makes it so popular?
Alibaba Group ‘confident’ in legal battle with Dubai-based crypto firm
Alibaba Group says that Alibabacoin’s name is “willful, concerted and unlawful scheme” to exploit its trademarks
Telegram said to triple price in largest initial coin offering
Dubai-based Telegram aims to challenge rivals, from WhatsApp to credit card companies
Ripple extends partnerships to India, Singapore
Crypto news: A bad year for ICOs and Canada’s biggest bank blocks credit-card purchases
Dubai investment firm Centurion partners with blockchain-based gig economy service
Connectjob’s launch in the UAE aims to generate pre-sales toward an ICO