Adoption
XRP gains approval from Dubai Financial Services Authority
Ripple also announced that it was working with the National Bank of Georgia on a digital currency as it grows its international presence.
Mike Dalton 2 min read
Middle East News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Regulation
Turkey tightening crypto regulation to improve standing with FATF
Turkey has been on the FATF "grey list" since 2021, a watchlist of jurisdictions under increased monitoring for AML practices.
Macro
Larry Fink, Jamie Dimon, and other financial heavyweights unpack economic trends at Davos in the Desert
Global finance titans gathered in Riyadh have discussed troubling inflationary concerns, including political populism and fragmenting supply lines.
Latest Middle East Crypto News & Analysis
Crime
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.
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.
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.
Web3
Web3 community launches crypto humanitarian campaign for Israel
The crypto community in Israel unites for humanitarian cause.
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.
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.
More Middle East Crypto News Headlines
Adoption
More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin report
Crime
Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on
Bankruptcy
Bankrupt FTX seeks court approval to liquidate solvent Dubai subsidiary
Regulation
