DubaiCoin Crypto Not Approved by Any Official Authority

by Aurelia Butler 30 May 2021, 11:00 109 Views

The government of Dubai announced that the DubaiCoin crypto token is not approved by any official authority and that promotions of the cryptocurrency are a scam.

Dubai Media Office Tweets,

Fake Announcement on DubaiCoin

On May 25, ArabianChain Technology revealed a scam announcement that Dubai is making its own digital currency. However, circulation of the token will be controlled by both the city as well as authorized brokers, as per the Block rep…

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Source: Cryptocurrency - investing.com

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DubaiCoin Crypto Not Approved by Any Official Authority

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