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Middle East

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

Exchanges

Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

Binance has prioritized compliance after settling its legal issues with US authorities last year.

2 years ago

CBDCs

Israeli central bank official says digital payment methods have ‘eroded’ the role of cash

A central bank official said that the versatility of CBDCs will allow them to compete with other digital payment methods that have sidelined traditional cash in recent years.

2 years ago

Regulation

US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance

Senator Tim Scott said the focus on crypto misses the "elephant in the room" because the conversation about illicit financing is "far larger than digital assets."

2 years ago

Regulation

Treasury official confirms crypto makes up ‘small fraction’ of Hamas’ fundraising

Recent narratives, fueled by last year's media reports, suggested a significant use of crypto by terrorist groups like Hamas, especially following attacks in Israel.

2 years ago

Partnerships

Abu Dhabi Global Market partners with Solana Foundation to drive web3 adoption in UAE

The partnership aims broaden ADGM's blockchain and Web3 ecosystem in Abu Dhabi by exploring joint initiatives and projects.

2 years ago

Exchanges

Iranian crypto exchange Bit24 disputes claims of KYC data leak incident

Data breach incidents are quite common in the crypto sector due to some of the platform's lax security measures.

2 years ago

Regulation

UAE’s new anti-money laundering regulations incorporate FATF travel rule

UAE financial authority will enforce the FATF Travel Rule to curb anonymity in crypto transactions.

2 years ago

Exchanges

Bybit extends proof-of-reserves to include 32 digital assets

Bybit's proof-of-reserve attestation showcases 100-124% collateralization across 32 assets as risk management takes center stage.

2 years ago

Adoption

Binance survey reveals 76% of users believe crypto efficient in reducing income inequality

Digital assets become tools for home savings and retirement plans with 36% of Binance users relying on crypto for financial security.

2 years ago

Regulation

Binance reevaluates MENA strategy, retracts Abu Dhabi fund management bid

Binance's Abu Dhabi retreat signals strategic realignment in the face of evolving global regulations.

2 years ago

Crypto

Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Hydrocooling tech will power Phoenix Group's $380 million Bitcoin mining expansion.

2 years ago

Mining

Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

The miner shares' price surged on its first day of trading following $2.47B IPO

2 years ago

Middle East

Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

Israeli central bank official says digital payment methods have ‘eroded’ the role of cash

US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance

Treasury official confirms crypto makes up ‘small fraction’ of Hamas’ fundraising

Abu Dhabi Global Market partners with Solana Foundation to drive web3 adoption in UAE

Iranian crypto exchange Bit24 disputes claims of KYC data leak incident

UAE’s new anti-money laundering regulations incorporate FATF travel rule

Bybit extends proof-of-reserves to include 32 digital assets

Binance survey reveals 76% of users believe crypto efficient in reducing income inequality

Binance reevaluates MENA strategy, retracts Abu Dhabi fund management bid

Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

Popular Middle East Stories

MetaMask blocks Ethereum transactions in several jurisdictions citing compliance issues

Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal

Floyd Mayweather to fight Don Moore in the world’s first-ever NFT sports event in Dubai

Middle East

Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

Israeli central bank official says digital payment methods have ‘eroded’ the role of cash

US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance

Treasury official confirms crypto makes up ‘small fraction’ of Hamas’ fundraising

Abu Dhabi Global Market partners with Solana Foundation to drive web3 adoption in UAE

Iranian crypto exchange Bit24 disputes claims of KYC data leak incident

UAE’s new anti-money laundering regulations incorporate FATF travel rule

Bybit extends proof-of-reserves to include 32 digital assets

Binance survey reveals 76% of users believe crypto efficient in reducing income inequality

Binance reevaluates MENA strategy, retracts Abu Dhabi fund management bid

Phoenix Group secures $380M deal for sustainable Bitcoin mining equipment

Bitcoin miner Phoenix Group makes $2.47B trading debut in Abu Dhabi rising 50%

MetaMask blocks Ethereum transactions in several jurisdictions citing compliance issues

Ethereum blasted as “trojan horse for tyranny” following MetaMask scandal

Floyd Mayweather to fight Don Moore in the world’s first-ever NFT sports event in Dubai

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