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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.

image of crypto
Crypto-assets, as well as blockchain, have seen a massive boost in popularity over the last 10 years. Owing to the decentralized characteristics of blockchain, the payments and delivery industries have changed significantly. In the MENA region, crypto-assets are now a powerful force, allowing both institutions and individuals alike to change...
Sina Estavi arrested
Sina Estavi, the Iranian CEO of BRG token and cryptoland exchange was arrested today by the Iranian authorities, branded as scam ponzi scheme by the countries semi official news agency Mehr News. Despite main stream media's insistence Sina Estavi is a Malaysian businessman, he is indeed Iranian born and...
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....
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...
DeFi logo
There are a continuous barrage of DeFi projects sprouting from UAE. We have selected 5 which we think are of interest. ZPAYae ZPAYae, which is leading the way in DeFi. The platform is decentralized and simpler to store, exchange, or use assets such as cryptocurrencies. ZPAYae enables you to pass AED...
CRO token logo
The cryptocurrency market is buzzing after the unexpected announcement that the upcoming Truth Social ETF will allocate a surprising 5% of its holdings to Crypto.com's CRO token, dwarfing its 2% allocation to XRP. This bold move comes with a direct endorsement from Donald Trump, who reportedly stated, "I like...
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...
Pravica website
Pravica, the Cairo-based blockchain startup that they’ve successfully managed to raise an undisclosed direct investment from the leading Swiss venture capital firm and incubator which are popular for specializing in global blockchain business investments, Crypto Valley Venture Capital (CV VC). Pravica has been providing blockchain technology to offer better online...
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...
Dubai property token
The Dubai Land Department (DLD) has launched a real estate tokenization pilot program, becoming the first property registration authority in the Middle East to use blockchain technology for property title deeds. What is Real Estate Tokenization? Real estate tokenization involves converting property assets into digital tokens that can be bought, sold,...