Middle East

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

Israeli duo found guilty of large NFT tax evasion scheme worth $2.2M

The two were said to have made money from a sale of an NFT based on a 3D scan of the Western Wall, on of Jerusalem's holiest sites.

3 years ago

Regulation

UAE to create exclusive free zone for digital, virtual asset companies

The Emirate of Ras Al Khaimah will establish a specialized economic 'free zone' for companies dealing with digital and virtual assets.

3 years ago

Adoption

Former Binance executive aims to raise $100M to start crypto adoption focused VC

Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.

3 years ago

Adoption

Crypto aid for Turkey exceeds $4.5M in one week

Turkish financial watchdog stretched rules to allow crypto donations to help with disaster relief on Feb. 7.

3 years ago

Regulation

Dubai bars issuance of privacy coins, details other crypto regulations

Dubai's virtual assets watchdog said any crypto company looking to set up in the region must secure licensing before it can begin operation.

3 years ago

Metaverse

The Sandbox gains 30% following mysterious Saudia Arabia partnership

Saudi Arabia signs agreement with The Sandbox — details unknown, but pumps SAND price roughly 30% towards $1 milestone.

3 years ago

Regulation

Turkish watchdog stretches rules and allows crypto wallets to collect aid

A Turkish singer convinced the country's watchdog to allow three wallets to collect funds, even though the act isn't currently legal in Turkey.

3 years ago

Exchanges

Kraken closes Abu Dhabi’s office, sacks 8 staff

Kraken discharged eight members of its MENA team, keeping the managing director Benjamin Ampen to oversee the transition in the region.

3 years ago

Politics

Turkey’s Nation Alliance set for crypto adoption

Turkey's opposing coalition released its doctrine as the elections approach — which included 13 matters aiming to increase crypto adoption.

3 years ago

Regulation

Op-ed: The web3 regulatory landscape in the UAE

The ultimate guide for web3 entrepreneurs and investors.

3 years ago

CBDCs

Turkey completes first digital lira transactions

The country's central bank will continue its tests in early 2023.

3 years ago

NFTs

NFT industry in Africa and Middle-East poised for rapid growth

NFT technology adoption and blockchain gaming reported to be on the rise in African and Middle-East markets with significant growth expected up to 2028.

3 years ago