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Venom Foundation Is Boosting MENA Crypto Adoption


Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...

Kuwait-Based Islamic Bank Enters the Metaverse


Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been...

MENA Future of Fintech 2021 will be Held Virtually on 9–10 February, 2021


Middle East and North Africa has consistently seen a surge in the use of FinTech and related technologies during the COVID-19 global pandemic. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded...

Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange


Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had...

[aktualita] Digitální měna Facebooku se přejmenuje z Libry na Diem


Plán Facebooku na vytvoření vlastní digitální měny má nový vývoj. Organizace Libra Association, která na měně pracuje, se přejmenovala na Diem Association a obdobně se má proměnit i název chystaného tokenu: podle agentury Blomberg se má z Libra změnit na Diem Dollar.  Jméno vychází z latinského...

Dubai Launching Crypto Valley in Tax-Free Zone


A Dubai government authority has announced that it is launching a crypto valley in the country’s free zone there is no personal or corporate income tax. With the help of its partners from the Swiss crypto valley, Dubai will offer a variety of services such as incubation for startups...

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