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...
Central Bank of Iran’s Shaparak announced on Wednesday all websites and payment processing application should ban all trade, selling and buying of all cryptocurrencies including Bitcoin with immediate effect. This news was published after National Virtual Space Center announcement that cryptocurrency trading firms are illegal and have no valid...
As of now, the crypto trading adoption in the Middle East is higher than it has ever been before and that’s not all. And right now, the regulatory system is in its process to support crypto-related financial services and it’s growing day by day.
Very recently, the UAE’s Securities and...
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...
A new ~$2.7 billion partnership between Donald Trump's media empire, Trump Media & Technology Group (TMTG), and cryptocurrency giant Crypto.com, spearheaded by its controversial CEO Kris Marszalek, is igniting a firestorm of criticism from financial watchdogs. Concerns are mounting over Marszalek's checkered business history and the potential for serious...
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,...
For most people interested in Bitcoin and other digital assets, Iran remains a very exotic country. The situation of Iranian blockchain enthusiasts is mostly unknown to the general public in foreign countries. But people who would think that Bitcoin is not popular in Iran would be greatly mistaken -...
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...
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...
