Middle East

Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.

Elliptic counters WSJ report on the scale of Hamas’ crypto fundraising

The analytics firm called out newspaper for misinterpreting its data and for failing to issue a correction or clarification.

2 years ago

Adoption

Crypto Aid Israel brings in $185k in donations for humanitarian relief despite phishing attack

The initiative has distributed 200,000 NIS, around $49,000, to various organizations spearheading the relief efforts in the region.

2 years ago

Crime

Chainalysis says crypto usage for terror financing is ‘tiny fraction’ of overall volume

In the wake of a recent terrorist attack by Hamas in Israel, the report aims to correct misconceptions surrounding the role of digital currencies in funding terrorism.

2 years ago

Web3

Web3 community launches crypto humanitarian campaign for Israel

The crypto community in Israel unites for humanitarian cause.

2 years ago

Crime

Israeli authorities redirects frozen Hamas cryptocurrency funding to state treasury

Israeli authorities are clamping down on the Hamas group funding in response to the recent attack it suffered.

2 years ago

Crime

Thodex founder handed over 460 life sentences in prison for massive Turkish crypto scandal

Fatih Özer has maintained his innocence despite his heavy prison sentence.

2 years ago

Adoption

More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin report

The survey was conducted in May 2023 and found that found that 52% of Turkish adults aged 18 to 60 have invested in cryptocurrencies, a 12% increase from 40% in November 2021.

2 years ago

Crime

Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on

Efforts from law enforcement communities worldwide are resulting in widespread charges against scammers and bad actors.

2 years ago

Bankruptcy

Bankrupt FTX seeks court approval to liquidate solvent Dubai subsidiary

FTX Dubai holds approximately $4.5 million in several accounts, according to court filings.

2 years ago

Regulation

Dubai expands crypto licenses, granting approval to Nomura

Dubai boosts crypto industry by granting full license to Nomura's subsidiary, reinventing the city as a global crypto hub.

2 years ago

Regulation

Binance secures first operational license in Dubai amid regulatory hurdles in Europe.

First digital asset VARA license granted to a crypto exchange in Dubai issued to Binance.

2 years ago

Regulation

Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance

Regulators have published a market alert concerning the exchange's MVP license.

3 years ago