Royal Family of Dubai partners with CoinCorner to enable Bitcoin transactions

[Chilwell]

The most prominent family in the United Arab Emirates has made the decision to support CoinCorner in their efforts to expand their enterprise and gain entry to the private and public spheres of government.

To make it simpler for people to execute Bitcoin transactions in the United Arab Emirates, CoinCorner, one of the largest bitcoin and lighting network services, has opted to work with Seed Group, a division of Sheikh Saeed bin Ahmed Al Maktoum's Private Office (UAE).
 

The seed group also informed them that businesses are prepared to engage in future legal transactions involving bitcoin and other cryptocurrencies, not only individuals.


Source: https://bitcoinmagazine.com/business/seed-group-partners-with-coincorner-to-facilitate-bitcoin-transactions-in-the-uae

[darkangel11]

Anoher positive thing for the ecosystem. Recently China lifted some of their crypto bans. There's so many good news, but in the bear market people seem to ignore them, unlike in the bull market when every positive article is followed by an increased demand for bitcoin.

Since you haven't included a link to an article I'll add one so that people can read more:
https://bitcoinmagazine.com/business/seed-group-partners-with-coincorner-to-facilitate-bitcoin-transactions-in-the-uae

[Majestic-milf]

It's indeed a welcome development and a plus for Bitcoin. It's quite encouraging that even in it's rise and fall state, corporations and enterprises are including it as means of payment for goods and services.

At least, in the space of a month, Dubai is seen to be championing Bitcoin as first Palazzo Versace Dubai and now this royal family. At this rate I won't be surprised if they decide to build Bitcoin hubs or possibly look to making it a legal tender tho

[LFC_Bitcoin]

Coincorner are a small company based in the Isle Of Man. It’s a small part of land just off mainland UK. I’ve watched them grow from a tiny company to what they are now. They have loads of really hot girls working for them (I follow them on Twitter ).

Massive news really, Dubai always knows how to make big money so it doesn’t surprise me they are serious about bitcoin.

[piebeyb]

The most prominent family in the United Arab Emirates has made the decision to support CoinCorner in their efforts to expand their enterprise and gain entry to the private and public spheres of government.

To make it simpler for people to execute Bitcoin transactions in the United Arab Emirates, CoinCorner, one of the largest bitcoin and lighting network services, has opted to work with Seed Group, a division of Sheikh Saeed bin Ahmed Al Maktoum's Private Office (UAE).

The seed group also informed them that businesses are prepared to engage in future legal transactions involving bitcoin and other cryptocurrencies, not only individuals.

indirectly this is one of the good news from the umpteenth other news coming, but as we know bitcoin still not showing a signal to get a bull market now, but I think we need bigger news than this to make the bull market back and soon recover

Anoher positive thing for the ecosystem. Recently China lifted some of their crypto bans. There's so many good news, but in the bear market people seem to ignore them, unlike in the bull market when every positive article is followed by an increased demand for bitcoin.

Since you haven't included a link to an article I'll add one so that people can read more:
https://bitcoinmagazine.com/business/seed-group-partners-with-coincorner-to-facilitate-bitcoin-transactions-in-the-uae

sometimes people are in too much of a hurry to make a thread and never include a news source link to read, thanks for the link you provided it will help other friends to read

[Leviathan.007]

I visited the UAE years ago before many countries accept and use bitcoin, and what I saw was really amazing, according to what I experienced you can freely use bitcoin and cryptocurrencies there even for buying an apartment because they won't have any problem with this, also recently there are many local exchanges there where you can change bitcoin and cryptocurrencies, and many shops you can use bitcoin instead of the fiat currencies, and now this royal family's turn they are using this change with bitcoin at this rate and surely they will get what they want from it.