Search
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...
Middle East Blockchain Development Primed to Lead the Global Industry
10.7.2019
The United Arab Emirates is currently spearheading the Gulf crypto revolution, Ethereum seeks partnership ties
Dubai Chamber of Commerce Signs MoU on Blockchain Trade Solutions
1.7.2019
Dubai Chamber of Commerce promotes blockchain trade solutions by Perlin and the ICC, the world’s largest business trade organization
Egypt Lifts Ban, Will Allow Licensed Cryptocurrency Companies
29.5.2019
Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities
Traders Are Now Banned From Using Localbitcoins Exchange in Iran
24.5.2019
Traders from Iran have been banned from using the peer-to-peer trading platform Localbitcoins.com within the country. The Iranian section of the website displays a short message that states that the exchange is “currently not available.” The news follows significant Iranian rial trade...
Ripple Garners Praise From Banks In India And Middle East For Its Cross Border Payments Network
21.5.2019
Ripple is one of the most successful platforms in the blockchain based global remittance segment. The payments focused DLT network has partnered with several financial and non-financial institutions across the globe. It continues to be a preferred choice for companies looking to explore blockchain...
Tension In Middle East, Oil Prices Increase
16.5.2019
The US West Texas Intermediate crude futures rose by 25 cents from the previous day and was at $62.27 for a barrel a rise of 0.4%. The Brent Crude futures also rose up by 0.7% up by 0.4% and ended the session at $72.04 for a barrel. The oil prices had stabilized after the fallout …
The post...
BitOasis Secures Preliminary Approval With UAE Financial Regulator
13.5.2019
Crypto exchange BitOasis has reportedly secured preliminary approval with the Financial Services Regulatory Authority of Abu Dhabi Global Market
Dubai Government Looks to Blockchain Amid ‘Smart Cities’ Drive
23.3.2016
CoinDesk speaks to Noah Raford a key driver of Dubai's Museum of the Future initiative, which recently unveiled its support for blockchain tech