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ColdStack Decentralized Cloud Storage Aggregator Receives Strategic Investment From Digital Finance Group Share Article Digital Finance Group invests in ColdStack, supporting the project's mission to make decentralized storage easier and more cost-efficient. At DFG, we believe in supporting products that will solve major issues in Blockchain, such as distributed data storage, Coldstack, the first market Aggregator of Decentralized Data Storages is a clear example of a much needed upgrade to a growing and promising sector of the industry. SHANGHAI (PRWEB) ...

The exchange is Sharia-compliant, having been certified by the Shariah Review Bureau, the company said. It will offer the deposit, trade and withdrawal of digital assets in a users' local currency and on launch will offer trading in five major cryptocurrencies Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Litecoin (LTC) and Bitcoin Cash (BCH). It will be open to users in Bahrain, Kuwait, Oman, Saudi Arabia and the UAE. It will also provide over-the-counter services for clients looking to carry out large transactions, the company said. "As CoinMENA grows, we will be providing access to addition...

Bitcoin has soared in value in recent months, rising on January 8 this year to almost $42,000

Regulators around the region have been getting to grips with how to handle cryptocurrencies and other digital assets over the past couple of years. Abu Dhabi Global Market's Financial Services Regulatory Authority published its first guidance on the topic in 2018 and in-principal approval to a number of crypto asset exchanges in 2019, including BitOasis, Digital Assets Exchange, Matrix Exchange and MidChains, among others. The Central Bank of Bahrain also launched rules governing the provision of crypto asset services in the kingdom in 2019. The DFSA's business plan also said it would promote...