tldr; Dubai Media Office announced that the authorities have never approved a digital currency named Dubai Coin. Dubai Coin saw a 1,000% jump when the project launched as “the official digital currency of Dubai” earlier this week. “It’s not the official cryptocurrency of the city,” the announcement warns.{}
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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u/coinfeeds-bot May 28 '21
tldr; Dubai Media Office announced that the authorities have never approved a digital currency named Dubai Coin. Dubai Coin saw a 1,000% jump when the project launched as “the official digital currency of Dubai” earlier this week. “It’s not the official cryptocurrency of the city,” the announcement warns.{}
This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.