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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.

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...
Blockchain Technology
Although not many blockchain or DeFi projects have arisen from Saudi Arabia, the country has been partnering with many industry players and is working hard to develop homegrown trials in integrating the technology into their economy. Saudi Arabia CBDC The central bank of Saudi Arabia has launch the country's first digital...
Riyadh
Over the past few years, the Middle East has become one of the global hubs of cryptocurrency adoption. Some countries in the Gulf Area have taken a strong stance in promoting the use of digital assets and blockchain innovation. However, not all governments in the region are equally welcoming...
Binance and Kraken
With the exponential growth of cryptocurrencies in MENA, both industry heavyweights Binance and Kraken have gained virtual asset trading licenses for the MENA region via Abu Dhabi Global Market (ADGM) allowing both trading firms license to operate as broker-dealer of virtual assets in the region. Binance has big plans for...
BitOasis logo
It was announced that the Dubai-based popular digitized resource exchanging platform BitOasis has been conceded a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The firm said that it is presently pursuing the relocation of its tasks towards their launch...
ripple in uae
Ripple, a leading blockchain payment provider, has received full regulatory approval from the Dubai Financial Services Authority (DFSA) to offer cross-border crypto payment services in the United Arab Emirates (UAE). This approval allows Ripple to operate in the Dubai International Financial Center (DIFC), a key financial hub with independent tax...
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...
Dubaicoin logo
Getting on board with the trends, Dubai's private entities have dispatched their own digital currency called DubaiCoin (DBIX). In view of a public blockchain, the crypto is exchanging on a select number of trades. Public blockchain will permit individuals to create their own DubaiCoin by mining them. The cost...
The Bitcoin fund
It was announced that MENA’s first listed digital asset-based fund has enlisted bitcoin-based exchange-traded products. 3iQ Corp, the largest Canada-based digital asset investment fund manager has officially listed the Bitcoin Fund on the Nasdaq Dubai. Even amidst the recent turbulence for the cryptocurrency all over the world which pretty...
Kish island crypto
Iran's luxury tourist hot spot, Kish Island is set to accept crypto currency from a potential deal with Qatar which is set to use the Island as a designated tourist accommodation spot. Iran which is in the same group as USA, England and the fourth spot still unclear, is set...