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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.

DUBAI International Finance Centre logo
The DIFC aka the DUBAI International Finance Centre has managed to launch a series of events dedicated to Blockchain, hosting events throughout the week and it will be running till September 16th. This dedicated blockchain week from DIFC is the first of a series of themed weeks which is...
Iran cryptocurrency mining rig farm
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...
BitOasis logo
It was announced that the Dubai-based popular digitized resource exchanging platform BitOasis has been conceded a Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) in the Abu Dhabi Global Market (ADGM). The firm said that it is presently pursuing the relocation of its tasks towards their launch...
Middle East crypto
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...
Saxo bank logo
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...
Turkey Crypto
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...
Binance and Kraken
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...
Blockchain Technology
Although not many blockchain or DeFi projects have arisen from Saudi Arabia, the country has been partnering with many industry players and is working hard to develop homegrown trials in integrating the technology into their economy. Saudi Arabia CBDC The central bank of Saudi Arabia has launch the country's first digital...
binance sharia finance
Binance, a global leader in cryptocurrency exchanges, today announced the launch of Sharia Earn, an innovative new product designed to offer crypto staking options that strictly adhere to Islamic finance principles. This move marks a significant step toward integrating the vast $4 trillion Islamic finance market with the burgeoning...
Dubai police
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...