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Here’s how blockchains are helping to advance the global energy grid
10.6.2022
Governments and environmentalists are quick to criticize the amount of electricity Bitcoin mining uses, but investors’ growing interest in crypto is leading to positive steps in the energy sector
Dubai’s Retail Giant Majid Al Futtaim Accepts Crypto at 29 Shopping Malls and 13 Hotels in Partnership With Binance
6.6.2022
Leading shopping mall operator Majid Al Futtaim has partnered with Binance to accept cryptocurrencies at its malls and other properties. “Majid Al Futtaim is one of the most prestigious businesses in the Middle East and has millions of customers every year,” said the CEO of Binance....
Layoffs Spread Across the Blockchain Industry as Bear Market Cycle Impacts Crypto Firms
4.6.2022
As digital currency prices have slid significantly in value during the past few months, the bear market cycle is starting to take its toll on the crypto industry’s workforce. On June 2, Gemini’s co-founders the Winklevoss brothers revealed the company would lay off 10% of...
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
3.6.2022
The U.S. startup – which uses flared natural gas to power Bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors
US energy company opens crypto mining facility in Middle East to use stranded natural gas
2.6.2022
Denver-based Crusoe Energy will help the Middle East nation to cut the gas flaring with the pilot project scheduled for the end of 2022
Middle East Crypto Exchange Coinmena Enters the Qatari Market, Regulator Says No Institution Licenced
23.5.2022
Coinmena, the Bahrain-based cryptocurrency exchange, recently announced that residents of Qatar can now buy and sell cryptocurrencies on its platform. The cryptocurrency exchange claimed it is the first regulated digital asset exchange to open its platform to Qatari residents. Residents Can...
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market
27.4.2022
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local...
Kraken awarded crypto trading license in the United Arab Emirates
25.4.2022
With the new operational license in Abu Dhabi, Kraken aims to provide access to global liquidity to local investors via dirham (AED) trading pairs
Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
21.3.2022
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs
It’s official: Binance secures a license to operate in Dubai
17.3.2022
It becomes the company’s second license in a Middle East jurisdiction obtained this week
Binance Middle East Progress Continues With Operating License in Dubai
16.3.2022
It’s the second approval this week in that region for the crypto exchange
Binance in Talks to Obtain Dubai License Amid Middle East Push: Report
9.3.2022
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MContent Collaborates With PwC for a First of Its Kind Cineverse Experience
27.2.2022
PRESS RELEASE. DUBAI, UAE: MContent has announced the arrival of the Cineverse to the world whereby they aspire to bring Cinema to people anywhere, anytime – MContent and their launch was enabled due to a collaboration with PwC Middle East emerging technology teams. A high-end launch event...
The crypto oasis: How the UAE became the Middle East’s digital asset champion
24.2.2022
The nation has a patchwork of largely crypto-friendly, region-specific rules that can finally get standardized
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking
23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...
Binance stopped 'all activities focused on Israel' following regulatory request: Report
17.2.2022
"Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority
Sanctions and trade: Iran aims to develop a central bank digital currency
14.2.2022
While the central bank announced its intention to launch a CBDC, exact details are still scarce
Swiss BSV to establish blockchain academy in the Middle East
7.2.2022
The BSV association and SDA will collaborate through the new blockchain academy in Riyadh to provide blockchain learning and development resources
UAE issues first NFT stamps in the Middle East
30.11.2021
The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day
Ripple Announces Middle East Partnership, Says XRP Will be Used
27.10.2021
The US-based fintech company Ripple has announced that it will deploy its XRP-based on-demand liquidity (ODL) solution in the Middle East in partnership with a local firm, as the first such roll-out in the region.
The new ODL roll-out will happen in partnership with the Middle East-based...