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Visa’s CEMEA head of innovation and design Akshay Chopra reveals that the company’s partnership with cryptocurrency exchanges has facilitated billions of dollars in payment volumes. The integration of conventional payment cards into cryptocurrency exchange offerings is playing a crucial role in driving adoption of digital assets, according to a VISA executive. Speaking to Cointelegraph reporter Ezra Reguerra during a panel at the Blockchain Economy Dubai Summit, VISA’s VP head of Innovation & Design Akshay Chopra highlighted the role that Visa cards have played as a bridge between fiat currencies and cryptocurrencies in recent years. Cointelegraph's Ezra Reguerra (left) on stage with VISA’s VP head of Innovation & Design Akshay Chopra and Accenture's CBDC & digital assets associate director Vladimir Nikolenko.  According to Chopra, using cryptocurrencies as a means of payment for everyday items like a cup of coffee at a cafe is still not truly ubiquitous. In a...

Cointelegraph went to an EDM concert and spoke to projects at the recent AIBC Dubai event to see how nonfungible tokens are used in the United Arab Emirates. As the United Arab Emirates (UAE) continues to provide a welcoming regulatory framework for blockchain-based technologies, nonfungible tokens (NFTs) continue to prosper within the region and are being used by projects in various ways.  From concert tickets to research and philanthropy, Cointelegraph went to Dubai and Abu Dhabi to explore how various crypto projects operating within the UAE are using NFTs. NFTs help medical researchers get data from gamers A project that operates at the Jumeirah Village Circle in Dubai found a way to use NFTs to get data and funding for researchers. At the recent AIBC Dubai conference held at Festival City, Cointelegraph Spoke with Farcana Labs' artificial intelligence scientist Dmitry Mikhailov to learn how their company has integrated NFTs in research.  Cointelegraph’s Ezra Reguerra with Far...