New regulatory framework for Virtual Currencies

The UAE Central Bank released, in Jan 2017, a regulatory framework for virtual currencies and electronic payment systems, aimed at digital payment service providers. However, a sentence within the regulation, that “all virtual currencies (and transactions thereof) are prohibited”, has been clarified by the Governor. He stated that “these regulations do not cover ‘virtual currency’, […]

Two former Cisco execs are reinventing your Wi-Fi experience thanks to a 16-year-old girl

Two former Cisco execs are building a new kind of wireless network so fast and smart that it knows where you are and automatically presents you with the apps you might need. To use the buzzwords, their freshly-launched startup, Mist, is “wireless networking” meets “location services” meets “machine learning.” When you’re attending a conference, staying […]