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...
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...
Danish exchanging and venture expert Saxo Bank is dispatching another digital crypto platform, permitting customers from the Middle East and North Africa to exchange crypto coins against some significant monetary standards. The Crypto FX will let financial backers exchange Bitcoin, Ethereum, and Litecoin against euros, dollars, and yen from...
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...
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...
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...
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...
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...
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,...
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...
