Tag : blockchain

Business

UAE central bank clears DDSC dirham stablecoin launch

omandailynews.com
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The approval adds another regulated digital payment instrument to the UAE’s expanding financial technology ecosystem, with......
Business

Global markets face disruption amid $17.3 trillion oil shock warning

omandailynews.com
CryptoWire, LONDON: Global financial markets are navigating renewed turbulence after warnings of a potential $17.3 trillion oil price shock that could reverberate across energy, currency, and digital asset sectors. The alert follows heightened geopolitical tension in South America, where the detention of Venezuelan President Nicolás Maduro by U.S. forces has disrupted expectations......
Business

Blockchain and virtual asset strategy will be unveiled by Abu Dhabi

omandailynews.com
An initial meeting of the Abu Dhabi Blockchain and Virtual Assets Committee (ADBVAC) was held under the chairmanship of Mohamed Ali Al Shorafa, Chairman of the Abu Dhabi Department of Economic Development (ADDED) and Chairman of the Securities and Commodities Authority (SCA) to discuss the Emirates’ economic strategy for blockchain......