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...
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...
The Dubai Land Department (DLD) has launched a real estate tokenization pilot program, becoming the first property registration authority in the Middle East to use blockchain technology for property title deeds.
What is Real Estate Tokenization?
Real estate tokenization involves converting property assets into digital tokens that can be bought, sold,...
Over the past few years, the Middle East has become one of the global hubs of cryptocurrency adoption. Some countries in the Gulf Area have taken a strong stance in promoting the use of digital assets and blockchain innovation. However, not all governments in the region are equally welcoming...
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...
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...
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...
BitOasis, the popular Dubai-based crypto exchange platform has managed to raise about $30M in a Series B funding round. The funding round was co-led by the Middle East region’s leading startup ecosystem enabler Wamda and US-based VC Jump Capital. The funding round was also joined by several new investors....
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...
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 -...
