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Crypto

Crypto is a broad term referring to cryptography currencies dominated by Bitcoin and Ethereum. Articles relating to Middle East & North Africa cryptocurrencies, blockchain, DeFi, dWeb, NFTs, dApps, tokens, exchanges and service providers with relations to MENA will be covered here.

iran bitcoin flag
Central Bank of Iran’s Shaparak announced on Wednesday all websites and payment processing application should ban all trade, selling and buying of all cryptocurrencies including Bitcoin with immediate effect. This news was published after National Virtual Space Center announcement that cryptocurrency trading firms are illegal and have no valid...
Dubai - UAE
Introduction The concept of blockchains was combined with other technologies to create modern cryptocurrency by Satoshi Nakamoto in 2008. This technology gained widespread awareness and acceptance with the launch of Bitcoin in the year 2009. Blockchains are the foundation of cryptocurrencies and a simplified payment verification process. It’s expected blockchain technology will mature...
UAE Crypto Guide
The United Arab Emirates is quickly becoming one of the global leaders in cryptocurrency adoption. While most of the world’s governments either completely ignore Bitcoin and other digital assets or even are hostile towards the development of blockchain-based technological solutions, the UAE crypto market has been blooming for the...
Azadi tower in Tehran
For most people interested in Bitcoin and other digital assets, Iran remains a very exotic country. The situation of Iranian blockchain enthusiasts is mostly unknown to the general public in foreign countries. But people who would think that Bitcoin is not popular in Iran would be greatly mistaken -...
keytom site
In a statement, Keytom announced; "a new era of financial management by organizing all digital assets in one convenient location." They launched a neobank focusing on businesses in the traditional fiat and cryptocurrency. Keytom statement: "At its core, the company champions financial empowerment, positioning itself as the 'one bank for all...
Morocco Bitcoin ban
It's been recently announced in Morocco that cryptocurrencies are restricted. But that didn't stop the soaring of purchases of shared bitcoin exchanging platform LocalBitcoins. Ironically, they are actually announcing record-breaking exchanging highs this year despite the bans on cryptocurrency. Back in February this year, was the best month for this...
DUBAI International Finance Centre logo
The DIFC aka the DUBAI International Finance Centre has managed to launch a series of events dedicated to Blockchain, hosting events throughout the week and it will be running till September 16th. This dedicated blockchain week from DIFC is the first of a series of themed weeks which is...
Bitoasis logo
BitOasis, the popular Dubai-based crypto exchange platform has managed to raise about $30M in a Series B funding round. The funding round was co-led by the Middle East region’s leading startup ecosystem enabler Wamda and US-based VC Jump Capital. The funding round was also joined by several new investors....
UAE crypto
The UAE minister of economy said at a panel for the World Economic Forum’s Global Technology Governance Summit that utilizing cryptocurrency along with asset tokenization will be the key to double up the country’s economy. The future economy of the country in 10 years is estimated to be the...
UAE crypto
As of now, the crypto trading adoption in the Middle East is higher than it has ever been before and that’s not all. And right now, the regulatory system is in its process to support crypto-related financial services and it’s growing day by day. Very recently, the UAE’s Securities and...