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Oman launches $370-million crypto mining center: Report
22.8.2023
The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, mainly dependent on oil export
Abu Dhabi grants virtual asset firm M2 permission to offer crypto services
16.8.2023
M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets
Finnovex Middle East 2023: Pioneering Fintech Event!
8.8.2023
The GCC (Gulf Cooperation Council) countries are setting the stage for a forward-looking digitization strategy, propelling the banking sector into a new era of innovation and growth. Against the backdrop of this transformative landscape, the 20th Global Edition Finnovex Middle East summit emerges...
Oman financial regulator seeks feedback on proposed virtual asset framework
4.8.2023
Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned
Nomura’s crypto arm Laser Digital bags Dubai VARA license
1.8.2023
Laser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter (OTC) service
Blockchain technology lets East African farmers sell globally
28.7.2023
Blockchains’ tracing capacities can help certify that crops weren’t grown by razing woodlands or harvested with child labor
Russian President Vladimir Putin States Emergent Multipolar World Order Will Be ‘More Just’
26.7.2023
In a recent article, Vladimir Putin, President of the Russian Federation, outlined his thoughts about the emergence of a new multipolar world order. Putin explained this new configuration will allow different regions, including Africa, the Middle East, and Latam, to assume their roles in a...
Abu Dhabi regulator grants trading firm Rain permission to offer crypto services
25.7.2023
The announcement followed crypto exchange Binance receiving similar permission from the Abu Dhabi regulator in November 2022
Xbox Just Got A Huge Library Of Classic Retro Games
24.7.2023
For a few years now, unbeknownst to many of us, a subscription service called Antstream Arcade has offered users legal streaming of hundreds of classic games, from arcade hits to gems for home platforms like Amiga, Commodore 64, and ZX Spectrum, among others. Growing over time, its total offerings...
Crypto Trading Platform Bitget Expands to the Middle East, Opens Dubai Office
21.7.2023
Cryptocurrency exchange Bitget is set to expand its operations to the Middle East, with plans to hire up to 60 new staff members in the region.
In a Thursday press release, Bitget revealed that it has opened an office in downtown Dubai to support its expansion, and is also exploring opportunities...
Every Street Fighter Game, Ranked From Worst To Best
21.7.2023
1987 saw the start of something huge, though no one knew it at the time. Capcom’s Street Fighter seemed like just another arcade game. Nice graphics, sure, but no one could have guessed that just four years later its sequel would spark a revolution that transformed arcades as we knew them. Suddenly...
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
20.7.2023
The crypto trading platform plans to hire up to 60 new members of staff in the region
UAE emerges as a pro-Bitcoin mining destination in the Middle East
6.7.2023
The United Arab Emirates’ combined Bitcoin mining capacity is estimated to be around 400 megawatts or 4% of Bitcon’s global hash rate
Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and 18 Central Banks Discuss Using Digital Rupee for Cross-Border Payments
5.7.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: NFT Royalties Reach Lowest Point in Two Years, Two Teens Arrested for BTC and ETH Scam, India and...
Abu Dhabi: A Wealthy Middle-East Capital Creating a Bridge From TradFi to Crypto
27.6.2023
The heart of crypto in the capital of the United Arab Emirates is actually just offshore in the Abu Dhabi Global Markets, an economic free zone. With a mandate to encourage fintech, the No. 6 spot in CoinDesk’s Crypto Hubs 2023 keeps the lines of communications open between regulators and crypto...
Binance eyes United Arab Emirates as ‘focal point’ for future operations
26.6.2023
Binance Dubai general manager Alex Chehade says there are plenty of good reasons why the UAE will become the world’s next major crypto hub
Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency
25.6.2023
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level since 2008 and represents the most substantial surge...
Tanzanian Central Bank Says Quoting Prices in Foreign Currency Against the Law
24.6.2023
The Bank of Tanzania (BOT) has reiterated that shillings remain the East African country’s sole legal tender. The apex bank said residents quoting prices in foreign currency or those refusing payment in Tanzanian shillings are in violation of the Bank of Tanzania Act 2006. The central bank...
Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage, US SEC Grants BlockFi Temporary Relief From Settling a $30M Penalty, Gemini Staking Pro Expands to the UK
23.6.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: JPMorgan Deploys JPM Coin for Euro-Denominated Payments, Casa Rolls out Support for Ethereum Storage,...
Dubai's VARA approves OKX 'preparatory' license as part of exchange's expansion plans
15.6.2023
The middle eastern arm of the exchange said it had opened an office in the Dubai World Trade Center and planned to increase its staff to 30 people