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Barclays, the U.K. banking behemoth, is challenging Barclays To Host Blockchains Hackathon developers to assist refurbish the worldwide derivatives market next month at a hackathon. Disclosed to the media this week, DerivHack will take place at Barclays' Rise accelerator spaces at the same time in New York and London on September 20 and 21, 2018. The ISDA (International Swaps and Derivatives Association), Thomson Reuters, and Deloitte are co-sponsoring the hackathon.

Cryptocurrency regulations in the UAE are progressive, aiming to foster innovation while ensuring financial security. The government has introduced clear guidelines under authorities like VARA and ADGM to regulate digital assets, exchanges, and ICOs. These regulations promote transparency, prevent money laundering, and attract global crypto businesses, positioning the UAE as a leading hub for blockchain and cryptocurrency activities in the Middle East.