Dubai to officially launch its own cryptocurrency

Dubai to officially launch its own cryptocurrency

The government of Dubai will soon be launching its official cryptocurrency . Numerous economies in the world have started to understand the importance of cryptocurrency and the benefits it brings to the economy. With its perceived importance, the government of Dubai has decided to launch the official cryptocurrency and has named it as ’emCash’. Through emCash, the residents of Dubai will be able to pay for anything from smallest payments to biggest ones including paying for the coffee, giving tip, paying school fees, buying a vehicle. The money transfer will be instant and almost free. Ali Ibrahim, deputy director […]

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