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Digging Deeper into Resilient and Agile Transformation Strategies – Finnovex Middle East 2021
17.9.2021
RAKBANK, Dubai International Financial Center (DIFC), SmartStream, Network International L.L.C, Backbase, Abaka, Smartmessage, Confluent, Appway, IDS Fintech, Creatio, Smart Middle East Ltd, Faloos were well-represented at the 3rd Annual Edition of Finnovex Middle East to champion the conversation...
Dubai to benefit from expanding crypto market, Bittrex Global CEO says
30.8.2021
The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies
Amid Taliban takeover, aspiring crypto miner flees Afghanistan
25.8.2021
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible
Finnovex Middle East | Hybrid
16.8.2021
The United Arab Emirates seems to have become the favorite destination for blockchain leaders to host international blockchain summits, events, and exhibitions. The UAE has succeeded in rendering a prominent identity to Finnovex with the help and collaboration of the global community of blockchain...
Licensed Iranian crypto miners ordered to halt production 'altogether'
6.7.2021
Even Iran's Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid
Proposed bill in Iran could ban all foreign-mined cryptocurrencies
2.7.2021
Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
30.6.2021
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology
IGN Staff Criticizes Management's Decision To Pull Article Supporting Palestinian Aid Groups
18.5.2021
Today, the IGN editorial staff published an open letter decrying Sunday’s removal of an IGN article and its associated tweet that linked to charities supporting Palestinian victims of recent Israeli violence.Read more
2 reasons why Casper (CSPR) IOU token rallied 2,300% in one week
10.5.2021
CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it's even listed on major exchanges
Major Israeli Investment House Invested $100 Million in the Grayscale Bitcoin Trust Fund in December 2020
12.3.2021
One of the biggest asset managers in Israel allocated millions of dollars into the shares of Grayscale’s Bitcoin Trust (GBTC). Altshuler Shaham is now gaining exposure to bitcoin by investing $100 million in shares, according to a local media outlet. Altshuler Shaham Currently Holds $150M...
Analyzing and Redefining Financial Tech in the Middle East at MarketsandMarkets Fintech and Blockchain UAE Virtual Summit
1.2.2021
January 23.01.2021 –The ‘MarketsandMarkets Fintech and Blockchain UAE Virtual Summit’ is scheduled to take place on March 22–23, 2021. The virtual summit features two days of insights into the Financial Technology and Blockchain scenario in the Middle East, the newest tools and technologies...
Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank
25.1.2021
Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies
Bahrain central bank licenses Sharia-compliant crypto exchange
25.1.2021
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia
Dubai Financial Watchdog to Release Consultation Papers for a Crypto Regulatory Framework
21.1.2021
The Dubai Financial Services Authority (DFSA) has unveiled its plans to create a regulatory framework for cryptocurrencies. The announcement was part of its 2021-2022 business agenda released this week. The Papers Will Be Released in the First Half of 2021 According to the watchdog, which regulates...
Why Pakistan and the Middle East can bet on crypto mining
19.1.2021
By embracing crypto mining activities in the region, Pakistan and Iran may give other nations in the Middle East an example to follow
Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial
18.1.2021
The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital
Ripple Opens Dubai HQ as Blockchain Firm Mulls Leaving US
8.11.2020
The blockchain company's new Middle East and North Africa headquarters will be within the DIFC financial hub
Crypto P2P adoption in Middle East stymied by politics and tech
23.10.2020
Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon
Iran Grants Bitcoin Miners Exclusive Access To Electricity From Three Power Plants
22.9.2020
Iran has granted bitcoin miners exclusive access to electricity generated from three power plants for their mining activities, according to state power utility Thermal Power Plant Holding Company (TPPH). Mohsen Tarztalab, managing director of TPPH, told a local news agency on Monday that...
Global Digital Industry Group Launches Mining Business Bitworld
17.9.2020
The UAE cryptocurrency giant, Global Digital Industry Group (GDIG), has established its mining subsidiary Bitworld and will invest $50 million in the company by 2021 as it works to build the company’s presence in the Middle East bitcoin and Ethereum mining industry. GDIG has appointed...