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...
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...
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....
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...
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...
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...
Based on last night's Super Tuesday published results, it seems like the crypto fundraising groups won a decisive victory. Rep.Katie Porter's attempt to become the Democratic Senate candidate for California failed because of negative ads from asset PACs that are worth almost $10 million, where other crypto-fan candidates all...
In an exclusive breaking story sent to us by a source inside a Middle East anti-financial crime institution, it is alleged the Iranians behind Bridge Oracle and the BRG token which is a company setup in Malaysia but Iranian owned may be violating US trade sanctions, allowing Americans to...
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,...
Despite the fact that Crypto.com was given a license by VARA in Dubai to conduct operations in the Middle East and often touted as a user-friendly gateway to the world of cryptocurrency, Crypto.com is increasingly facing a barrage of negative reviews, with a recurring theme of dismal customer service,...
