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Abu Dhabi Creates the MEAACBA Organization to Organize and Regulate Crypto

Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life. The MEAACBA Will Seek to Strengthen the Crypto Space Among the financial companies that have already joined the MEAABA include Bit Oasis, a...

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Crypto.com Received a Payment Institution License (EMI) in Brazil

The cryptocurrency exchange Crypto.com obtained a Payment Institution License (EMI) from the Central Bank of Brazil.  The authorization will allow the firm to continue offering digital asset products and services to residents of the South American country. Getting a Nod From Brazil In a recent announcement, Kris Marszalek – CEO of Crypto.com – said the company is “incredibly proud” to secure an EMI license from Banco do Brasil. The greenlight enables it to provide services to...

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Blockchain And AI In Finance: How Opposites Attract

Blockchain technology and artificial intelligence were designed to solve different tasks. However, they can also be used together to solve long-standing problems in different industries. Blockchain and AI are currently used in sectors such as the automobile industry, supply chain and logistics, healthcare, media and entertainment, insurance, and more. It is also being implemented by AIWORK to address long-standing issues plaguing the online video space. There are plenty...

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Blockchain Gets a Major Push from JPMorgan

The blockchain arena is getting a big boost from financial giant JPMorgan, which recently completed its first cross-border transaction using the technology that’s become so prominent in the crypto space. JPMorgan Is Giving Defi a Real Boost The transaction occurred in the decentralized finance (defi) arena, thus bringing one of the world’s largest monetary institutions to the world of autonomous banking. The move is being hailed as a real clincher for digital currency,...

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