Despite having misconceptions in the MENA region on crypto coins over regulatory issues and having concerted efforts to stutter the growth of crypto, the new currency continues to gain more and more acceptance as days go by in the MENA trading.
The leading cryptocurrency Bitcoin traded higher this week rising...
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...
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...
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...
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...
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,...
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...
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...
There are a continuous barrage of DeFi projects sprouting from UAE. We have selected 5 which we think are of interest.
ZPAYae
ZPAYae, which is leading the way in DeFi. The platform is decentralized and simpler to store, exchange, or use assets such as cryptocurrencies. ZPAYae enables you to pass AED...
