Egypt-based fintech and online payment solution provider Sympl that they have managed to raise their first funds from local VC which has a regional focus of A15 and that’s not all. By raising this first fund, this particular investment has managed to mark the platform launcher for the fintech,...
Unique Finance is the latest scam taking Iran by storm, taking advantage of economic difficulties in Iran and the desire of the youth to make quick gains having seen previous scams like the BRG token by Sina Estavi, Nima Tabari Fard, has come up with UNQT, Unique Finance Token...
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...
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...
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...
When it comes to the blockchain adoption in the Middle East & North Africa region, Turkey is one of the undisputed leaders. The welcoming legal climate, attractive tax approach to crypto assets, as well as the heavy government involvement in blockchain technology make the Turkish crypto market one of...
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...
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...
The DFSA or the Dubai Financial Services Authority is putting on extra efforts to provide more standardized framework solutions for their regulations toward cryptocurrency. Dubai’s financial regulators have already called on members of the public on 5th April to submit their comments on the proposed regulatory changes for cryptocurrency.
The...
