UAE Bitcoin Conference Aims to Make Mid-East a Fintech Hub
ABU DHABI, United Arab Emirates — The Bitcoin Conference Abu Dhabi organizers hope to make the UAE a center for fintech, Bitcoin and blockchain innovation in the Middle East with its upcoming conference in Abu Dhabi on December 8, 2016. In a press release, conference organizers noted that government agencies and businesses have expressed early interest in fintech, with over 30 firms and organizations starting work on fintech proof-of-concepts in 2016. Furthermore, financial authority Abu Dhabi Global Market released a consultation paper in 2016 outlining plans to “create a sandbox....
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Though the United Kingdom plays a definitive role in the growth of FinTech industry, which is now worth £20 billion in annual revenues to the UK, employs 135,000 people, and attracted 42% of all European FinTech investment in 2014, Prime Minister David Cameron is not satisfied. Thus, Cameron, has welcomed FinTech 2020, which aims to make the UK the premier location for at least 25 global FinTech leaders, whether by IPO, global market share or by valuation. Talking about FinTech 2020, Cameron said:
Innovate Finance, the association of fintech and blockchain companies in London, UK to set up fintech hubs in Bahrain and the UAE. London had gained a reputation for being the financial hub of Europe. The capital of United Kingdom has been in the forefront of Fintech innovation, thanks to various initiatives in the past. But with Brexit, things are slowly falling apart. By moving away from the European Union, London has lost the charm of being the gateway to Europe for many companies. As the country becomes less attractive each day, other European nations are trying to replace it as the....
The Middle East and North Africa (Mena) region is being slow to adopt fintech services, putting them behind other nations who are embracing the sector, experts have said at a recent conference. Speaking at the Dubai International Finance Centre (DIFC) were Mustafa Adil, Thomson Reuters’ Head of Islamic Finance – Mena and Dr Jarmo Kotilaine, Chief Economist of the Bahrain Economic Development Board. According to a report from Thomson Reuters, worldwide fintech funding amounted to $25.8 billion in 2015. There was an average investment of $44 million per company compared to a typical startup....
The Inside Fintech Conference and Expo is coming to Seoul, South Korea December 8-9, bringing an agenda filled with blockchain technology, cryptocurrencies, and financial technology. Inside Fintech Seoul, South Korea December 8-9. Rising Media, Inc. and 3DR Holdings have announced the Inside Fintech conference at the Korea International Exhibition Center....
The World’s Largest FinTech and Payments event is coming to Europe! Book by Friday to pay the lowest price, saving over 40%. Use code: BITCN200 to save a further €200 and pay only €1695! Money20/20 is the world’s largest Payments and Financial Services event and, to the delight of European FinTech companies, is coming to Copenhagen on 4th – 7th April for the first time. The regional team are working closely with companies across the entire payments ecosystem to make the event the best Payments and Fintech Conference in Europe. The event is evidently already ahead of what were originally....