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Middle East accounts for 7.5% of global crypto volume — Chainalysis
26.9.2024
According to the World Bank, less than 50% of adults in the Middle East and North Africa region had access to adequate banking services
South Korea, Hong Kong Lead Crypto Market Growth in East Asia
19.9.2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major...
Animoca's Timeline to Go Public Would Depend on The Market's Status: Yat Siu
18.9.2024
Animoca Brands is hoping to go public soon but the final decision on the timeline is dependent on a key component, the "market’s status, amongst other" aspects, the Web3 giant’s chairman Yat Siu told CoinDesk in Singapore on Monday
Tether for treason in Taiwan, East’s crypto exchange resurgence: Asia Express
6.9.2024
China buys military secrets from Taiwanese soldiers with Tether; Asia’s crypto license barrage; scam victim under suspicion: Asia Express
Qatar Brings in Crypto Rules Framework in a Sign of Web 3 Development in the Middle East
3.9.2024
The framework includes recognition of smart contracts, licensing for crypto companies, property rights in tokens and custody arrangements among other issues
Meet top influencers at AIBC East Europe 2
30.8.2024
The highly anticipated AIBC East Europe Summit is gearing up for a spectacular debut, featuring a powerful lineup…
Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East
14.8.2024
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion....
East African Scientists Use AI for Accurate Extreme Weather Forecasts
6.8.2024
Climate scientists in East Africa are integrating artificial intelligence (AI) into traditional weather forecasting methods to enhance the accuracy of extreme weather predictions. The region faces increasing frequency and severity of extreme weather events due to climate change. By combining...
Bitcoin Tumbles Below $65K Post-FOMC as Middle East Tensions Flare
31.7.2024
The price action happened as Iran's leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East
Finnovex Middle East 2024: Beyond Boundaries – Reinventing Finance Through Hyper-Connected Ecosystems in the Middle East
29.7.2024
Finnovex, the premier global platform dedicated to catalyzing discussions and insights within the financial technology sector, proudly announces the return of Finnovex Middle East 2024. Scheduled to take place on September 10th and 11th, 2024, at Conrad Dubai, UAE, this premier conference marks...
Cambodia's Huione Guarantee Enables Global Scams Worth $11 Billion: Report
10.7.2024
Huione Guarantee, a Cambodian online financial platform linked to the nation's ruling family, is a marketplace enabling the global scam economy, particularly pig-butchering scams, to the tune of $11 billion, a report by Wired alleges
CoinDCX crypto exchange acquires BitOasis, expands into MENA region
3.7.2024
CoinDCX’s acquisition of BitOasis opens new opportunities in the Middle East and ensures regulated and secure trading
Hashgraph Association and Blade Labs Partner to Drive Digital Transformation in the Middle East
27.6.2024
The Hashgraph Association and Blade Labs have partnered to drive digital transformation using the latter’s conventional and Shariah-compliant digital securities platforms. The CEO of Blade Labs described the Hashgraph Association as a strategic investor that enables the company to integrate...
Everything You Need To Know About Shin Megami Tensei V: Vengeance's Sakura Cinders of the East DLC
26.6.2024
Shin Megami Tensei V: Vengeance includes (almost) all the DLC from its original 2021 release. However, if you want to give Atlus more of your money, Vengeance adds two extra quests that you can purchase for $5 USD a pop. The first of these is the Sakura Cinders of the East DLC, which players...
Animoca Brands plans return to stock market by 2025
26.6.2024
Animoca Brands is considering a public market return after four years of delisting in Australia, eyeing more receptive jurisdictions like Hong Kong and the Middle East
Animoca Looks to Go Public in Hong Kong or Middle East in 2025: Report
26.6.2024
The prominent Web3 investor has held talks with investment banks, but is yet to finalize an advisor
Nvidia launches in Middle East amid US AI export clampdown: Report
24.6.2024
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions
IMF: CBDCs Can Boost Financial Inclusion and Payment Efficiency in Middle East
20.6.2024
The International Monetary Fund (IMF) says 19 countries in the Middle East and Central Asia, including Bahrain, Georgia, Saudi Arabia, and the UAE, are in the advanced “proof-of concept” stage for central bank digital currencies (CBDCs). “We support policymakers evaluating...
IMF Says CBDCs Could Boost Middle East's Financial Inclusion, Payment Efficiency
19.6.2024
Central bank digital currencies (CBDCs) may not be essential to achieving intended policy goals, instead addressing underlying constraints and improving other digital payment systems may be a more practical alternative, a survey of 19 central banks in the Middle East and Central Asia (ME&CA) region...
Miners Eye Middle East as Next Region for Growth
17.5.2024
The halving and a possible U.S. mining tax have miners considering new locations for basing their cost-sensitive operations