Jordan on FATF grey list because of virtual assets risks
On February 24th 2023 FAFT released its latest grey and black list. For those who are on the grey list it means that these jurisdictions are under increased...
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The desert of UAE now has two crypto Blockchain oases, plural for Oasis
The Government of Ras Al Khaimah (RAK) will be launching the RAK Digital Assets Oasis free zone dedicated to digital and virtual asset companies for non regulated...
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Web3 Blockchain messaging platform Pravica is only MENA startup chosen by Deutsche Telecom’s and T-Mobile for T-Challenge 2023
Egypt founded, WEB3.0 messaging and Blockchain communications platform, Pravica, with offices in Egypt and the UAE is the only MENA-based startup chosen among the top...
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WEMADE blockchain metaverse gaming developer to grow gaming industry in Saudi Arabia
WEMADE, the South Korean game developer shifting to blockchain NFTs, DeFi and metaverse has signed a Memorandum of Understanding (MOU) with KSA based Nine66, a...
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Web3 Blockchain crypto accelerator and incubator launched in UAE’s DMCC
UAE DMCC, currently home to 550 Blockchain and crypto entities, and global Web3 incubator TDEFi have partnered to launch an accelerator program for Web3 and...
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UAE Blockchain gaming studio secures $5 million to develop its GameFi solutions
UAE based Blockchain gaming entity, iBLOXX,Studio has secured a $5 million investment in a recent funding round led by PrimeXM. The capital will be utilized...
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Egyptian clothing brand Concrete partners with NFT marketplace Plastiks for plastic recycling project
Barcelona-based Blockchain enabled NFT marketplace, Plastiks, has partnered with Egyptian clothing brand Concrete, as part of plastic removal initiatives in the country. Plastiks specializes in...
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UAE ADGM and Zand digital bank to offer preferential banking services to virtual asset entities
UAE based Abu Abu Dhabi Global Market (ADGM) and Zand Bank, the UAE’s all digital bank licensed by the UAE Central Bank, have inked a...
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UAE based Hex Trust, crypto custodian receives first MVP operational license from VARA
UAE - Hex Trust is the first entity to have received an MVP Operational license from VARA. This is the third licensing stage within the...
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UAE Cypher Capital seeking $100 million for crypto venture fund
As per a recent article in Bloomberg, UAE Cypher Capital an early-strategy venture firm focused on investing in Web3 infrastructure, is seeking to raise $100 million for...
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