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Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
13.3.2020
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East
BCH Funding Debate: Amaury Séchet Responds to IFP Questions, Noting Contention in the West
22.2.2020
On February 20, Bitcoin Cash engineers held the second 2020 BCH developers’ meeting and the first since the Infrastructure Funding Plan (IFP) was added to the Bitcoin ABC version 0.21.0 client. Seven developers discussed new features that are coming after the May upgrade, but a majority...
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
19.2.2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020
How Bitcoin Is Used to Promote Human Rights: Stories From Activists and Refugees
17.2.2020
CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023
14.2.2020
Governments across the Middle East and Africa to increase blockchain spending by 400% in four years, a new IDC report says
UAE Health Ministry Debuts Blockchain Platform for Medical Data
2.2.2020
The UAE Ministry of Health and Prevention has launched a blockchain platform for managing healthcare data
Is the Future of Blockchain Tech Innovation in the East?
1.2.2020
China, South Korea or India: Who will replace the U.S. as the world’s tech leader?
Oil Giant Saudi Aramco Buys Into Blockchain Trading Platform Vakt
28.1.2020
Saudi Aramco joins Shell, BP, Chevron and others in using Vakt’s blockchain-based oil trading platform
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
Asia’s Love Affair With Blockchain Is Blossoming
28.12.2019
Far away from western eyes, Asian blockchain projects are thriving. A vibrant ecosystem of public and permissioned chains has sprung to life in Asia, aided by government and big business endorsement of distributed ledger technology (DLT). Many of these chains are virtually unknown outside of...
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...
Multicoin Capital Hires Principal in Asia as Crypto VCs Look East
6.12.2019
Mable Jiang, formerly of Nirvana Capital, will spearhead the venture firm's hunt for new deals in Asia
‘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
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...