It was announced that the Central Bank of Bahrain (CBB) is working together with J.P. Morgan and Bank ABC to present an ongoing cross-line transaction arrangement in advanced cash repayment pilot methods. Bank ABC alongside J.P. Morgan will guide the moving of assets from and to the Kingdom of...
Metaverse can be defined as a collective virtual shared space created by converging multiple virtual reality environments, augmented reality overlays, the internet, and other digital platforms. It is a persistent, immersive, and interactive virtual world where you can socialize, work, play, and create. Essentially, the metaverse is a digital...
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,...
Aramco, the popular lead oil company from Saudi is investing some serious money with a goal to become the lead digitalized energy company in the world. They’re focused on leveraging and improving innovative technologies to help them increase their efficiency, sustainability, and safety.
Aramco is aimed at using blockchain to...
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...
Bahrain-based RAIN, the country’s first cryptocurrency trading platform has announced that they’re completely set to be launched as the arrangements have been done completely in this regard. The platform claims to be the first crypto exchange platform to earn a regulatory license in the entire Middle East along with...
Dubai police have strategically teamed up with crypto trading platforms to help investors and traders to keep away from crypto fraud that has been happening a lot recently.
“We have been working with key policymakers to help them build regulation that will make crypto safe for investors. The string of...
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...
Iran announced yesterday it would ban all cryptocurrency mining for a period of 4 months to bring order in a fragile electric grid during peaks of summer heat causing hours of blackouts all over the country. This ban will be in effect until 22 September 2021.
2GW of electricity was...
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...
