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Winklevoss Twins Rail Against US SEC’s Anti-Crypto Stance: ‘It Does Not Feel Like America, It Feels Like Venezuela’
24.6.2023
The Winklevoss twins, founders of Gemini, a U.S.-based cryptocurrency exchange, have criticized the U.S. Securities and Exchange Commission (SEC) for its perceived anti-crypto stance and recent enforcement actions. In a recent interview, the Winklevoss twins commented that the regulatory...
Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023
10.4.2023
After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. Additionally, the majority of...
3rd Annual MENA Conversational AI Summit 2023
23.3.2023
Over the past two days, the 14th and 15th of March, the 3rd Annual MENA Conversational AI Summit 2023 was concluded, leaving behind the resonance of the copious knowledge and insight shared during the course of its duration. “Conversational AI is becoming the future of consumer interaction.” Said...
Crypto Seen as Investment Opportunity in the MENA Region Says Iceberg Capital Executive Chairman
7.3.2023
While interest in digital assets has waned in some parts of the world, in the Middle East and Northern Africa adoption of crypto has been skyrocketing according to Mustafa Kheriba, the executive chairman of the asset management firm Iceberg Capital Limited. According to Kheriba, factors such...
Dubai’s Crypto Industry Welcomes New Licensing Regime Amid Global Regulatory Uncertainty
2.3.2023
The emirate’s ambitious framework tackles a broad range of assets and activities, designed to attract firms seeking regulatory clarity
Contributing to banking transformation in the MENA region
24.1.2023
Following the success of Verve Management’s first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023, taking place on March 7th & 8th in Dubai, UAE, will highlight the magnitude of digitalization’s role plays in reshaping the future of banking....
Blockchain.com partners with Visa to offer crypto debit card
27.10.2022
The launch of the new crypto debit card follows the announcement of similar products from FTX and BitOasis
Report: Turkey’s September Gold Imports up by 1,700% as Individuals Swap Falling Lira With the Precious Metal
15.10.2022
Turkey’s gold imports of just over 39,000 kilograms in September 2022 are more than 16 times the quantity that was brought into the country in September 2021. The surge in Turkey’s gold imports is reportedly being spurred by the rise in demand for the precious metal by individuals...
Venom Foundation Is Boosting MENA Crypto Adoption
10.10.2022
Today’s entrepreneurs in the MENA area are regarded as the forerunners in adopting global crypto trends; thus, enterprises must explore decentralization for commercial, governmental, and social initiatives. The first cryptocurrency foundation in the ADGM with permission to run a blockchain...
Study: MENA Crypto Volumes Grew Fastest Between July 2021 and June 2022 — Turkey Cements Position as Region’s Largest Market
8.10.2022
Of the $566 billion in cryptocurrency transaction volume for the Middle East and North Africa (MENA) region between July 2021 and June 2022, nearly 40% went to Turkey, which kept its place as the region’s biggest cryptocurrency market, according to the latest Chainalysis data....
Binance seeks to boost Web3 adoption in the MENA region
7.10.2022
The exchange alleges a 49% increase in user sign-ups across the Middle East and Northern Africa (MENA) region
Taliban had a ‘massive chilling effect’ on Afghan crypto market: Report
6.10.2022
Crypto value received in Afghanistan surged in the wake of the Taliban seizing power in August 2021, but crypto markets have flat lined under the regime
Kuwait-Based Islamic Bank Enters the Metaverse
3.7.2022
Warba Bank, a Kuwait-based Islamic bank, recently became the latest corporation from the Middle East and North Africa (MENA) to enter the metaverse. The bank now occupies two sites in the metaverse, one Decentraland and another one on Sandbox. Pioneering Digital Transformation In what has been...
MENA Climate Week notes blockchain's potential for climate action
30.3.2022
Panelists at the MENA Climate Week discuss shifting regulations, technological evolution and increasing awareness and collaboration between the blockchain and climate communities
Blockchain and climate action gets highlighted at MENA Climate Week
29.3.2022
Taking the stage at the MENA Climate Week, Kristina Cornèr, the editor-in-chief of Cointelegraph, shared insights into how the crypto community could contribute to positive climate impact
MENA Islamic Banking & Finance Summit 2022 Going to Take Place This March in Dubai
2.3.2022
The global Islamic finance industry has expanded 10% to 12% in 2021-2022. The expansion of Islamic banking and Islamic financial assets in the Middle East region along with Malaysia and Turkey has been robust. The Islamic finance industry is positioning itself towards more sustainable growth,...
PPP Project Value Exceeds in MENA as Delegates Gear Up to Discuss Opportunities at The PPP MENA Forum
11.2.2022
More than 300 senior government officials, private business leaders, experts, and regulators will focus on the public-private partnership model for developing infrastructure at the PPP MENA Forum from February 23-24, 2022, in Dubai. News Highlights: 242 Public-private partnership projects worth...
Goals for Global and MENA Region Blockchain Development Set at Gulf Blockchain Week 2021 in Dubai
18.11.2021
A week-long event, co-hosted by NexChange Group, Evolution Group, and EcoX Dubai, featured broad audiences passionate about blockchain technology: from traders to NFT artists. On October 8, attendees and local partners kickstarted Gulf Blockchain Week by gathering at the JW Marriott Marquis...
Emirati crypto exchange BitOasis raises $30M to expand in MENA
6.10.2021
“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said
MENA Future of Fintech 2021 will be Held Virtually on 9–10 February, 2021
9.2.2021
Middle East and North Africa has consistently seen a surge in the use of FinTech and related technologies during the COVID-19 global pandemic. There has been a rise in the use of contactless payments, and other forms of digital banking channels. The faster adoption of FinTech has exceeded...