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Dubai to Launch “Emcash”, a Government-Backed Cryptocurrency for Everyday Payments - Toshi Times
Residents and citizens of Dubai will soon be able to use digital currency for making routine payments, such as utility bills, school fees, etc. The brand new digital asset, dubbed emcash, is an initiative of emcredit, a state-backed subsidiary of the Dubai Department of Economic Development. Emcredit has teamed up with blockchain payment provider Pundi …