Middle East


Markets

Bitcoin in Emerging Markets: The Middle East

Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.

Lebanese protestors, October 2019 (Credit: Shutterstock)

Policy

Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East

Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.

Middle East

Markets

How Bitcoin Is Used to Promote Human Rights: Stories From Activists and Refugees

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.

Photo by Rostyslav Savchyn on Unsplash

Markets

Palestinian Militant Group Has Received 3,370 Bitcoins in Donations Since 2015: Report

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.

Credit: Shuttershock

Policy

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East

BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

bahrain, money

Markets

Egypt Lifts Ban, Will Allow Licensed Cryptocurrency Companies

Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.

Pyramids

Markets

National Bank of Kuwait Taps Ripple for New Remittance Service

National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.

Kuwait City, Kuwait (CoinDesk Archives)

Markets

UAE Remittance Firm Launching Ripple-Based Payments in Q1 2019

Abu Dhabi-based money transmitter UAE Exchange is working with Ripple to launch blockchain remittances to Asia early next year.

UAE coins money

Markets

Middle East's First Central Bank-Backed Crypto Exchange to Launch in 2019

After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.

bahrain, sunrise

Markets

Abu Dhabi Markets Watchdog Mulls Crypto Exchange Regulations

Abu Dhabi's markets regulator is considering drawing up a supervisory framework for cryptocurrency exchange operations.

abu dhabi landscape image