The anniversary coincides with the UAE’s decision to extend the ‘Year of Sustainability’
As investors lap up this high-risk asset, how much more time will governments need to frame regulations? Will digital currencies get integrated into the mainstream? It seems to be on the horizon. Japan has allowed people to pay for goods and services with Bitcoin. It is also giving cryptocurrency exchanges and remittance operators licence and subjecting them to annual audits. The Financial Services Agency of Japan has already issued operating licences to 11 bitcoin exchanges. The Chicago Mercantile Exchange is planning to launch Bitcoin futures with a centralised clearing mechanism. But in the midst of these developments, regulatory guidelines remain missing from the financial watchdogs of the world. The Securities and Exchange Commission or the Financial Conduct Authority, or for that matter the regulators in the UAE, have not been clear on how they wish to regulate digital currency to protect the interests of investors. More regulatory oversight is needed. We have been through the Dotcom boom and bust, and the subprime crisis. We might not want to repeat those mistakes.
The anniversary coincides with the UAE’s decision to extend the ‘Year of Sustainability’
Redwood Center of Excellence offers a nurturing environment with an IB Primary Years Programme, blending Montessori, Reggio Emilia, EYFS, and STEM, ensuring holistic development for children
Both countries will not only promote existing relations in petrochemical, energy and infrastructure but they are keen to explore new avenues and sectors to diversify their economic relations
UAE’s most-awarded nursery chain pioneers quality education and child development across 30 convenient locations in the UK and UAE
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Say goodbye to layover woes and hello to unforgettable adventures with Turkish Airlines' Stopover Istanbul and Touristanbul programmes
It will be important to watch if the central bank nudges the South Asian currency higher as a slight downward bias is likely to persist in the market, says expert
K. Padmarajan, a 65-year-old tyre repair shop owner, began fighting elections in 1988 from Tamil Nadu state