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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.

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...
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 Bitcoin fund
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...
Pravica website
Pravica, the Cairo-based blockchain startup that they’ve successfully managed to raise an undisclosed direct investment from the leading Swiss venture capital firm and incubator which are popular for specializing in global blockchain business investments, Crypto Valley Venture Capital (CV VC). Pravica has been providing blockchain technology to offer better online...
Morocco Bitcoin ban
It's been recently announced in Morocco that cryptocurrencies are restricted. But that didn't stop the soaring of purchases of shared bitcoin exchanging platform LocalBitcoins. Ironically, they are actually announcing record-breaking exchanging highs this year despite the bans on cryptocurrency. Back in February this year, was the best month for this...
Bitcoin bubble
It’s been already established among the crypto fans that bitcoins are the new hot investment trends that will stick to the economy. But unfortunately, professional investors think otherwise and completely opposite referencing from the BofA survey and that’s not all. The survey was pretty solid and among those surveyed in...
crypto.com logo
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,...
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...
Sympl logo
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,...
iran bitcoin flag
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...