abu dhabi

Hong Kong and Abu Dhabi to change their crypto regulations to comply with FATF

Hong Kong and Abu Dhabi Change Crypto Regulations to Align with FATF

On Feb 26, Hong Kong’s financial secretary Paul Chan stated that his administration will strengthen its Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) policies regarding cryptocurrencies. In his recent budget speech, Chain indicated that the amendments will address recommendations made by the global financial watchdog, the Financial Action Task Force (FATF). New Regulations to affect […]

Spanish Port Authority Collaborates with IBM for Blockchain-based Shipping Platform

IBM and Abu Dhabi National Oil Company Collaborate for Blockchain Supply Chain System

The Abu Dhabi National Oil Company (ADNOC) has collaborated with IBM to pilot a blockchain-based supply chain system to track the trading of oil. Reportedly, the pilot project based on blockchain has provided an automated platform that can keep a track of the oil volumes and financial transactions.