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Iran Issues License for Nation’s Biggest Bitcoin Mining Operation
5.5.2020
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines
Bitcoin in Emerging Markets: The Middle East
4.5.2020
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications
Samsung-Backed DLT Firms Launch Blockchain Think Tank for MEASEA Region
28.4.2020
The group will promote the adoption of business solutions using blockchain technology integrated with artificial intelligence
Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
13.3.2020
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
19.2.2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020
How Bitcoin Is Used to Promote Human Rights: Stories From Activists and Refugees
17.2.2020
CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
14.2.2020
Governments across the Middle East and Africa to increase blockchain spending by 400% in four years, a new IDC report says
UAE Health Ministry Debuts Blockchain Platform for Medical Data
2.2.2020
The UAE Ministry of Health and Prevention has launched a blockchain platform for managing healthcare data
Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
28.1.2020
Saudi Aramco joins Shell, BP, Chevron and others in using Vakt’s blockchain-based oil trading platform
Palestinian Militant Group Has Received 3,370 Bitcoins in Donations Since 2015: Report
20.1.2020
The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers
Indian Payment Company PayMate Aims at Expanding Into Middle East & Africa
26.12.2019
PayMate, India’s one of the most emerging payment companies, has decided to broaden its presence in the Middle East and Northern Africa. Its CEO, Ajay Adiseshann, said that the company would invest 3 million USD in the Middle East by 2021. It should be noted that PayMate has already started...
Soccer Teams Like Juventus Look to Score With Blockchain Push
10.12.2019
Over the course of the last few years, teams like Juventus, PSG, AS Roma, Bayern Munich have made use of blockchain technology to interact and connect with their fans
UAE Central Bank Says It Doesn’t Approve Private Cryptos; Could This Be A Threat to the Middle East?
6.12.2019
Cryptocurrencies have been one of the most polarizing concepts of the 21st Century, which have divided the world into two major fractions. First, who believe that Bitcoin is revolutionary, and is the future of global monetary systems. Second, who think that crypto is the threat of the sovereign...
‘Bitcoin of the Middle East’ Scam Lands Canadian Expat in Dubai Jail
1.11.2019
A Dubai-based Canadian expat has been arrested for peddling an allegedly fraudulent cryptocurrency, billed as the “Bitcoin of the Middle East”
Huobi Cloud to Offer White-Label Exchange Services in Middle East, Africa
1.11.2019
Huobi Cloud has announced its plan to provide local financial institutions with white-label exchange services in the Middle East and Africa
TransferWise Eyes Middle East Expansion with New Abu Dhabi License
22.10.2019
British money transfer firm TransferWise has grown by leaps and bounds over the past few years and now the company is eyeing an expansion in the lucrative Middle Eastern market. To that end, the company is possibly going to use its newly acquired license for operations in Abu Dhabi. The company...
Blockchain Firm Algorand Announces Sharia Certification for Islamic Finance
21.10.2019
Blockchain firm Algorand announced that it is now certified for Sharia-compliant financing by Bahrain’s Shariyah Review Bureau
Fintech Firm Partners With R3 to Develop Shariah-Compliant Market Platform
29.8.2019
R3 partners with Dubai based fintech firm Wethaq as it builds a Corda-based Islamic securities platform
Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
31.7.2019
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against Funding War
23.7.2019
After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not been achieved. Now the United States is once again bolstering military forces, this time in Saudi Arabia. Meanwhile, taxpayers in multiple countries are being forced to pay for these...