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Reshaping the Financial Sector of the Middle East With Finnovex Middle East 2020
15.9.2020
09/08/2020, Dubai: Advanced technology and innovation have forever disrupted business operations of the past. With changing trends and customer expectation, product offerings, service, and business operations has been the center of the continuous cycle of adopting and adapting to the latest...
Chinese Bitcoin Miners Develop Strong Relationships and Crypto Mining Facilities in Iran
14.8.2020
During the last few months, crypto proponents have focused their attention on Iran. The Iranian President Hassan Rouhani initiated a new mining strategy last May, and the government-licensed 14 bitcoin mining farms in July. According to the Chinese mining operation Lubian, it claims to operate...
Hyperinflation Hits Lebanon: Food Prices Soar 200%, Biggest Crisis Since Civil War
27.7.2020
Lebanon has entered hyperinflation, the first country in the Middle East and North Africa to do so. With a 462% annual inflation rate and food prices rising by almost 200% this month, Lebanon has joined Venezuela in hyperinflating. Meanwhile, the Lebanese pound has lost 82% of its value this year....
What It’s Really Like to Live on Bitcoin in the Middle East
14.7.2020
The story of a Syrian migrant in Iraq shows how bitcoin can work as intended – as a global currency that transcends borders
Bitcoin.com Exchange Announces Listing of New Digital Asset BUY by Burency
19.6.2020
Bitcoin.com Exchange is thrilled to announce the upcoming listing of a new digital asset on the 20th of August 2020 at 10:00 UTC. BUY by Burency is a new cryptocurrency that aims to increase cryptocurrency and blockchain adoption in the Middle East. BUY will be listed with BTC and BCH trading...
The Truth About Bitcoin and Hezbollah in Lebanon
17.6.2020
Will Hezbollah in Lebanon use bitcoin? The data suggests terror activity is uncommon despite surging crypto popularity across the Middle East
Leading Middle East Telecoms Firm Zain Joins Hedera Governing Council
15.6.2020
Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph
How Bitcoin Fits Into Lebanon’s Banking Crisis
5.6.2020
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent
Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Bitcoin in Emerging Markets: The Middle East
4.5.2020
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications
Samsung-Backed DLT Firms Launch Blockchain Think Tank for MEASEA Region
28.4.2020
The group will promote the adoption of business solutions using blockchain technology integrated with artificial intelligence
Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
13.3.2020
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
19.2.2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020
How Bitcoin Is Used to Promote Human Rights: Stories From Activists and Refugees
17.2.2020
CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
14.2.2020
Governments across the Middle East and Africa to increase blockchain spending by 400% in four years, a new IDC report says
UAE Health Ministry Debuts Blockchain Platform for Medical Data
2.2.2020
The UAE Ministry of Health and Prevention has launched a blockchain platform for managing healthcare data
Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
28.1.2020
Saudi Aramco joins Shell, BP, Chevron and others in using Vakt’s blockchain-based oil trading platform
Palestinian Militant Group Has Received 3,370 Bitcoins in Donations Since 2015: Report
20.1.2020
The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers
Indian Payment Company PayMate Aims at Expanding Into Middle East & Africa
26.12.2019
PayMate, India’s one of the most emerging payment companies, has decided to broaden its presence in the Middle East and Northern Africa. Its CEO, Ajay Adiseshann, said that the company would invest 3 million USD in the Middle East by 2021. It should be noted that PayMate has already started...
Soccer Teams Like Juventus Look to Score With Blockchain Push
10.12.2019
Over the course of the last few years, teams like Juventus, PSG, AS Roma, Bayern Munich have made use of blockchain technology to interact and connect with their fans