Tag: cryptocurrency

Putin legalises cryptocurrency mining in Russia

MOSCOW: Russian President Vladimir Putin has signed a law that makes cryptocurrency mining legal in Russia. This law brings in new terms like digital currency mining, mining pools, and mining infrastructure operators. It also defines who can run mining pools. In simple terms, mining is now seen as part of the process of using digital […]

The Memecoin Summit: Where Cryptocurrency and Memes Collide

Dubai: On April 21, 2024, the Memecoin Summit, hosted and powered by $PENG and Project Ark, electrified the Millennium Plaza Downtown Hotel in Dubai. This event was a vibrant blend of fun, wisdom, and celebration, spotlighting the dynamic world of digital currency. The summit attracted a diverse crowd, from seasoned traders to crypto-curious individuals, offering […]

Dubai Charity Association to receive donations in cryptocurrency

DUBAI: The Dubai Charity Association, is now receiving donations in cryptocurrencies, through a partnership with a cryptocurrency platform. Under the partnership, the platform will receive donations in cryptocurrencies and then transfers them to the association’s bank account in the local currency. Khalid Al Olama, Secretary-General of the Association, said receiving donations in cryptocurrencies is unprecedented […]

UAE based cafe to accept Cryptocurrency as a form of payment

The city has a new one-of-its-kind factory with its retail cafe, Bake N More, where customers can pay for and enjoy their fresh baked goods with cryptocurrency without incurring any transaction fee. Bake N More will be serving freshly prepared all-day breakfast, brewed coffee, bread, baked goods, salads, and unique sandwiches. Their factory is equipped […]

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