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US officials extend export curbs on Nvidia AI chip to 'some Middle Eastern countries'
31.8.2023
U.S. regulators have told AI chip maker Nvidia and its rival AMD to curb exports of high-level semiconductor chips used to develop AI to certain Middle Eastern countries
Africa-Focused Remittances Fintech Lemfi Raises $33 Million in Series A Funding Round
31.8.2023
An Africa-focused remittances platform, Lemfi, recently said it has raised $33 million in a Series A round led by Left Lane Capital. Lemfi said it will use the capital raise to “expand its product offering to the United States, Europe, the Middle East, and Asia.” Making Remittances Less...
Binance Exchange to Suspend Crypto Debit Card Offering in LatAm and Middle East – What's Going On?
24.8.2023
The largest crypto exchange by trading volume, Binance, is apparently closing its Binance Card – cryptocurrency debit card services – in Latin America and the Middle East, effective from Aug. 25....
Read More: Binance Exchange to Suspend Crypto Debit Card Offering in LatAm and Middle East – What's...
Binance to Withdraw Debit Card in Latin America, Middle East
24.8.2023
The cryptocurrency exchange said the card service will terminate Sept. 21
Binance to halt crypto debit card in Latin America and the Middle East
24.8.2023
Binance didn’t reveal the exact reason behind the suspension but claimed it would only impact 1% of users in the mentioned region
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
Twitch King xQc Does The Worm In The Middle Of Copyright Debate
8.8.2023
Twitch and Kick wunderkind Félix Lengyel, who’s better known online as xQc, got into an ugly spat with podcaster and YouTuber Ethan Klein, or h3h3productions, about the former’s infamously low-effort reaction videos. The August 7 H3 Podcast channel livestream was originally intended to be...
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...
Kotaku's Weekend Guide: 6 Cool Games To Check Out
4.8.2023
It feels like this week’s passed quickly…perhaps owing to the wild news? Just for starters, a certain former president got indicted a third time, pop star Lizzo broke a million hearts, and that supposed room-temperature superconductor is still keeping us nerds in suspense.Read more
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
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
Towards a Balanced Future: A Middle-of-the-Road Approach to Crypto Regulation
25.7.2023
As the cryptocurrency market continues to evolve, a middle-of-the-road regulatory consensus is gaining momentum, aiming to strike a balance between skepticism and optimism around crypto, Aaron Brown, a former managing director and head of financial market research at AQR Capital Management, opined...
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...
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
BIS gives CBDCs a thumbs up, crypto the middle finger in reports to G20 ministers
11.7.2023
G20 finance ministers and central bank governors are meeting this month, and the Bank for International Settlements has findings to present
New Black Panther Game Coming From Former Shadow Of Mordor Devs
10.7.2023
Turns out the rumors were true and Electronic Arts is in fact working on a new single player Black Panther game. It’s coming from the publisher’s new Cliffhanger Games studio formed by industry veterans, including developers from Middle-Earth: Shadow of Mordor studio, Monolith Productions. Read...
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