Where are Dubai Gold coins minted?

These coins are minted by the Dubai refinery, Emirates Gold DMCC, which is an accredited member of DMCC’s Dubai Good Delivery (DGD) standard. The DGD standard, launched in 2005, is an international benchmark of quality and technical specifications in the production of gold and silver.

What are UAE dirham coins?

UAE dirham coins, also referred to as Emirati dirham coins, are issued by the Abu Dhabi based Central Bank of the United Arab Emirates. The subunit of the dirham is the fils: 100 fils is the equivalent of 1 dirham. Banks and bureaux de change outside the UAE don’t exchange UAE dirham coins.

Is Dubai coin a scam?

The market value of the cryptocurrency shot up to $4.84 million (Dh17.78 million), with $591,863.24 (Dh2.2 million) of coins traded over the last 24 hours. So who recognised that the news was a scam? DESC revealed on Twitter that “Dubai Coin cryptocurrency was never approved by any official authority.”

Is dubaicoin the'most exciting cryptocurrency in 2021'?

A website belonging to DubPay International, the site which was taken down, posted on its social media platforms that DubaiCoin was the ‘most exciting cryptocurrency in 2021’ and that the coin was ‘a new worldwide cryptocurrency intended to replace USD as the de-facto global currency.’