Adoption
This country will now buy state-mined Bitcoin to fund imports
The Irani government will now allow imports to be paid for using Bitcoin, as per a recent report in local publication ISNA. The move…
Shaurya Malwa 3 min read
Middle East News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Scams
Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail
Two Nigerian scammers were held last week after hatching an elaborate fraud to steal “$435 million around the world” using illicit emails, luxury brand…
Adoption
Why crypto: Inflation “ravages” Iran’s rial, forcing creation of new currency
In a move helping to prove the intrinsic value of Bitcoin and other crypto assets, Iran's government is finally marking an end to the…
Latest Middle East Crypto News & Analysis
People
Mayor of Turkey’s pioneering blockchain city Konya named a keynote speaker at IstanBlock 2020
Uğur İbrahim Altay, the Mayor of Turkey’s pioneering blockchain city Konya, will speak at the upcoming IstanBlock 2020. Held on April 9-10 in Istanbul…
Adoption
Major Turkish city to introduce its own cryptocurrency for settling everyday transactions
Ugur Ibrahim Altay, the Mayor of Konya, Turkey’s seventh-most-populous city, recently confirmed that the initial steps required to launch a cryptocurrency project called “city…
Regulation
Turkish regulatory group to propose new crypto rules and regulation
Turkey’s financial regulator is ramping up efforts to develop a new framework that allows the federal government to oversee the use of cryptocurrencies throughout…
Adoption
Bitcoin’s $132bn market cap puts it above Turkey in terms of M1 money supply
Bitcoin's $132 billion market cap might be a far cry from its 2017 all-time high, but it doesn't mean it's not playing in the…
People
Istanbul Blockchain Week’s flagship event ‘IstanBlock’ releases limited early bird tickets
Turkey’s most exclusive blockchain event — IstanBlock 2020 — launches its early bird ticket sale today, amid huge excitement across the region for the…
Adoption
Why the world’s largest crypto exchange is expanding into Turkey
Binance, the world's biggest crypto exchange, is taking steps to expand into Turkey, an up-and-coming cryptocurrency market. Speaking to Cointelegraph, Binance CEO Changpeng Zhao…
