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Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
23.5.2023
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds
Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East
15.5.2023
PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers...
Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert
12.5.2023
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining infeasible, participants said....
Marathon Digital announces immersion crypto mining operations in Abu Dhabi
9.5.2023
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s
Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining
9.5.2023
The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi
Coinbase execs visit UAE to test potential of 'strategic hub' for international operations
8.5.2023
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
17.4.2023
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries...
Islam and crypto: How digital assets can comply with Islamic financial law
6.4.2023
A look at cryptocurrency’s role in the world of Islamic banking and finance
IMF examines CBDC design in context of Islamic banking, finds some risks magnified
20.3.2023
A central bank digital currency’s liquidity and foreign exchange would work differently Islamic law from what might be expected
Tel Aviv Stock Exchange’s crypto trading proposal a ‘closed-loop system’
8.3.2023
Israeli crypto users will soon have a new means of regulated crypto trading, but the local ecosystem is not convinced that this is what the crypto industry needs
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
7.3.2023
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such...
Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back, Casper Labs’ Long-term Partnership with SkyBridge & Al Maskari Holding
3.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Xapo Bank Partners with Lightspark & Integrates Lightning Network, Ethereum Shanghai Fork Pushed Back...
All About Middle East ProcureTech Summit & Awards 2023
1.3.2023
“Procurement is no longer just a transactional function; we are now bringing value to organizations,” Said Tatjana Ozgoren, Director, Digital Strategy & Transformation – Sourcing & Procurement from Pepsico at the inaugural edition of the Middle East ProcureTech Summit & Awards 2023....
Fintech & Crypto Summit: The largest summit of the Middle East
21.2.2023
Fintech and Crypto Summit was held on the 15th and 16th of February 2023 in Crowne Plaza Bahrain Hotel, Manam, Bahrain, to spread awareness and the culture of the cryptocurrency and financial technology. The forum was held under the “Entrepreneurship in Financial Technology and Cryptography“ title...
Procurement Professionals in the Middle East to convene at the ProcureTech Summit 2023 in Dubai
20.2.2023
The growth of procurement within the region is on an uphill trajectory, combined with the adoption of technology and supply chains. The market growth factors are the increasing need for procurement process automation and the rapid adoption of e-procurement technology. The rapid strides with which...
Kraken shuts down Abu Dhabi office: Report
2.2.2023
Several Kraken employees will reportedly remain in the Middle East and North Africa, with regional managing director Benjamin Ampen likely to leave following the transition
Crypto regulation world: How laws for digital assets changed in 2022
4.1.2023
While regulations were once seen as hurdles to crypto adoption, they are now perceived as the fastest way to attain global mainstream adoption
Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo Blockchain Suspends Nasdaq Trading
27.12.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Fidelity Files Metaverse Trademark Applications, Defrost Finance to Refund Users Post-Hack, Argo...
Crypto hotspots continue to thrive despite FTX collapse
13.12.2022
Crypto-friendly cities throughout the world report growth and innovation despite recent events
The Middle East Digital Lending Summit 2022 activates the Future of Payments and optimizes the Region’s Digital Lending Credit Wave
12.12.2022
The recently concluded inaugural edition of the Middle East Digital Lending Summit last December 6, 2022, at Pullman Dubai Creek City Centre, Dubai, United Arab Emirates, promised to open a potential opportunity for transformation and change the game in the financial sector when it comes...