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Nalezeno "East": 431

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

HQMENA announces Blockchain Expo Dubai 2023, the premier Blockchain event in the middle east

7.6.2023
HQMENA, a leading events management company, is proud to announce the upcoming Blockchain Expo Dubai 2023. Set to take place on September 20-21, this highly anticipated event will bring together global experts, innovators, and top leaders in the blockchain industry to explore the latest...

UAE’s Clear Rules and Openness to ‘Experimentation’ Key to Attracting Crypto Firms, Says Ben Caselin of Maskex

26.5.2023
Players in the crypto space are attracted to the United Arab Emirates (UAE) because the region not only has clear rules but is also “open to experimentation,” Ben Caselin, the Vice President and Chief Strategy Officer (CSO) at the crypto exchange Maskex, has said. Caselin also said...

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East

23.5.2023
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds

Reef Labs Is Launching a $10M Accelerator Program to Empower Web3 Projects in the Middle East

15.5.2023
PRESS RELEASE. Reef is thrilled to announce the launch of a $10 Million Accelerator Program for Web3 projects building on the Reef Chain, which are based out of the Middle East. The program, managed by Reef Labs, aims to support, incubate, and invest in promising Middle East-based Web3 developers...

Large Immersion Cooled Crypto Mining Farms to Extract Bitcoin in Middle East Desert

12.5.2023
A project to build two large-scale facilities for cryptocurrency mining is underway in the United Arab Emirates (UAE). The high-tech data centers will rely on a full immersion solution to cool the power-hungry miners as the desert climate renders air-cooled mining infeasible, participants said....

Marathon Digital announces immersion crypto mining operations in Abu Dhabi

9.5.2023
The mining firm expects the two facilities to be online by 2024 and produce a combined hash rate of roughly 7 EH/s

Marathon Teams Up With Abu Dhabi's Zero Two for Middle East's First Large-Scale Liquid Cooled Bitcoin Mining

9.5.2023
The U.S.-based miner is teaming with Zero Two, a digital assets infrastructure development company focused on supporting the power grid of Abu Dhabi

Coinbase execs visit UAE to test potential of 'strategic hub' for international operations

8.5.2023
“I think the U.S. right now is a little bit behind in terms of regulatory clarity and some of the rhetoric from the top," said Brian Armstrong at the Dubai Fintech Summit

Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary

17.4.2023
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries...

Islam and crypto: How digital assets can comply with Islamic financial law

6.4.2023
A look at cryptocurrency’s role in the world of Islamic banking and finance

This Horror Time Loop Game Stole PAX (And You Can Play It Right Now)

27.3.2023
At PAX East 2023, there was one game I couldn’t walk the show floor without hearing about, and after playing one route of Black Tabby Games’ Slay The Princess, I haven’t been able to stop thinking about it, either. The demo that other attendees and I played is available on Steam, and it illustrates...

Vietnam: Can it become the Fintech Mecca of the east?

21.3.2023
Hanoi, March 20, 2023: Vietnam’s fintech has reached new heights, and the newly introduced regulatory sandbox is further fueling its growth. The country’s fintech market is forecasted to reach a staggering $18 billion mark by 2024. Also, the approval for the National Digital Transformation...