G20 governors adopt crypto asset roadmap while Saudi Central bank governor sees crypto as threat
While the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting in Marrakech, Morocco communicated their appreciation to the IMF and FSB for putting together...
Details
China’s Bitcoin and Blockchain manufacturer Canaan to install 100 MW crypto mining site in Oman
China’s Bitcoin crypto mining and Blockchain hardware manufacturer, Canaan, has signed a crypto mining agreement with Oman’s Green Data city to pilot phase of a...
Details
20 percent of Ripple customers from MENA region
In a recent blog post Sologenic, a Ripple partner pointed out the Ripple now boasta of 4.8 million wallets with 20 percent of its customers...
Details
UAE M2 crypto exchange,custodian and investment platform launches Bitcoin Ethereum yield product
UAE base M2, a crypto exchange, custodian, and investment platform for crypto investors has officially launched its international platform, and is offering its first product...
Details
UAE HAYVN crypto trading platform processes 22,000 crypto transactions in 2023
UAE based HAYVN Pay an AC Holding Limited Dubai, offering, digital asset-focused financial institution delivering Trading, Custody, Asset Management and Research services has processed over...
Details
Crypto mining firm Phoenix Group sells 10% of its shares to Abu Dhabi IHC
UAE based Phoenix Group has sold 10% of its company shares to Abu Dhabi conglomerate International Holding Company’s subsidiary. IHC’s wholly owned unit, International Tech...
Details
UAE Public Prosecution discusses money laundering crimes using virtual assets
The UAE Public Prosecution is launching a forum entitled “Financial Crimes Foresight Forum” on 11th October 2023, to discuss money laundering crimes using Virtual Assets....
Details
Dubai’s virtual asset regulator ceases sale of Islamic Coin token in UAE
In a recent marketplace alert issued by Dubai’s virtual asset regulatory authority, it warns investors and market participants of the unauthorized issuance, marketing, and retail...
Details
South African crypto exchange receives initial approval from Dubai’s virtual asset regulator
In a blog announcement published by VALR, a South African based crypto exchange, they state that their subsidiary VALR FZE has won an initial approval...
Details
A stablecoin to be launched in Abu Dhabi UAE
According to a recent Bloomberg article published October 2nd 2023, Abu Dhabi UAE will witness the launch of a stablecoin. Former Softbank vice president, Akshay...
Details
