The recent high-profile partnership between the Dubai Department of Finance (DOF) and cryptocurrency exchange Crypto.com, touted as a significant leap towards Dubai's "Cashless Strategy," is raising eyebrows among financial experts and consumer advocates. While Dubai champions itself as a global hub for financial innovation, the decision to entrust a...
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...
Abu Dhabi, UAE – The Abu Dhabi Securities Exchange (ADX) is set to make history with the listing of the Middle East and North Africa's (MENA) first distributed ledger technology (DLT)-based digitally native bond. This landmark move follows the commencement of the pricing stage for the instrument, issued by...
Despite having misconceptions in the MENA region on crypto coins over regulatory issues and having concerted efforts to stutter the growth of crypto, the new currency continues to gain more and more acceptance as days go by in the MENA trading.
The leading cryptocurrency Bitcoin traded higher this week rising...
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...
The Dubai Multi Commodities Center (DMCC), the world's lead-Free Zone and Government of Dubai's clout on product exchange and undertaking reported the dispatch of the DMCC Crypto Center. The middle ground of this is a far-reaching environment for organizations working in the cryptographic and blockchain areas. Situated in the...
It was very recently announced that Turkey's national bank has completely prohibited any trades or using of crypto in payments since their theory is that the tokens involve dangers to the economy because of unstable market esteems along with unavoidable exchanges and that's not the only main concern. Cryptocurrencies...
Sina Estavi, CEO of Bridge Oracle (BRG token), owner of Cryptoland, one of Iran's largest cryptocurrency exchange platforms, and admin of hundreds of Telegram and Instagram pages the most popular Best of Persian with over 2 million followers was reportedly arrested on 17th May for crimes of economic corruption...
Dubai's real estate consultancy firm Arms and McGregor International Realty has joined forces up with Slovenian-based Blocksquare to assemble the MENA's first tokenization platform, making it ready for exchanging, possessing, and selling property resources through exchanging advanced tokens. Arms and McGregor is yearning about the capability of the platform,...
A new ~$2.7 billion partnership between Donald Trump's media empire, Trump Media & Technology Group (TMTG), and cryptocurrency giant Crypto.com, spearheaded by its controversial CEO Kris Marszalek, is igniting a firestorm of criticism from financial watchdogs. Concerns are mounting over Marszalek's checkered business history and the potential for serious...
