Digital bank to be established in UAE operating only with its own crypto-currency

Almaty. April 24. KazTAG - The first digital bank on the base of block chain technology will be created in Dubai, reports TASS.
According to Gulf News, one of UAE's banks will use only its own crypto-currency and finance only the deals associated with the arts items.
"I believe this initiative will help to integrate arts in the digital world.... Besides that creation and launch of the local crypto currency will positively affect the economy of emirate," said Latifa bint Muhammad bin Rashid al-Maktum, deputy head of culture and arts agency of Dubai.

Photo source: picture from an open source


adimage