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DubaiCoin news is a scam, says the Dubai government Download PDF / Print The Dubai government has not launched its own cryptocurrency, despite reports. It all started with a fake press release and a website, both of which are now inaccessible. The widely circulated news that Dubai had launched its own cryptocurrency, dubbed DubaiCoin, is a scam, the Dubai government has said. DubaiCoin was "never approved by any official authority," the government of Dubai tweeted on Friday, adding that the web...