Middle East
Plume Secures ADGM Commercial License, Eyes Middle East RWA Expansion
Plume Network has received a commercial license from the Abu Dhabi Global Market, allowing expansion into the Middle East.
M2 Capital Invests $20M in Ethena to Expand Digital Assets in Middle East
Ethena’s synthetic dollar protocol draws backing from UAE-based M2 Holdings affiliate
BTC Bounces Back Above $102K After Iranian Strikes on U.S. Bases in the Gulf
Crypto investors don't seem fazed by the attacks.
Asia Morning Briefing: Risk of Escalating Israel-Iran Conflict Keeps BTC Around 105K Says QCP
However, other data from Glassnode suggests that investor demand for BTC remains solid.
Bitcoin Not a Safe Haven From Geopolitical Risks, but Still Buy the Dip: Standard Chartered
Risks stemming from the Middle East conflict are likely to push bitcoin below $60K before the weekend, the report said.
Bitcoin Crumbles to $60K, Giving Up Most Post-Fed Rate Cut Gains
The S&P 500 and the Nasdaq also fell on a report that Iran was preparing an imminent missile attack on Israel.
Animoca's Timeline to Go Public Would Depend on the Market's Status: Yat Siu
“We are midway through the audit which is a critical piece of the IPO puzzle,” Siu told CoinDesk.
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
Companies can now apply for a license to become token service providers.
CoinDesk 20 Index Fell More Than 20% During Overall Crypto Market Crash
The overall crypto market crashed as risk-off sentiment permeated global markets. The altcoin-heavy benchmark CoinDesk 20 Index fell more than 20%, with crypto majors Solana and Near Protocol plummeting 20% to 30%. The sentiment shift stems from the recession fears ignited by Friday's U.S. economic and jobs data, as well as the rising tensions in the Middle East. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
The survey said that the 19 central banks in the region are exploring issuing a CBDC and the countries are mainly focused on how CBDCs can enhance financial inclusion and payment system efficiency.
