Bahrain EazyPay and Binance follow CoinMENA’s lead offering crypto payments in real estate
Bahrain real estate developer Bin Faqeeh Real estate Investment Company announced that clients can buy apartments or houses using cryptocurrencies. Bin Faqeeh will be offering crypto payment...
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US Marathon Digital Holdings to jointly build $406 million crypto mining facility in UAE
In an SEC Filing dated January 27th 2022, USA based Marathon digital Holdings, a digital asset mining entity, announced that it had entered into a shareholder’s agreement with...
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50 percent of MENA VCs surveyed to increase investments in blockchain and crypto projects in 2023
In a recent survey entitled “MENA Investor Survey 2022-2023 for crypto Blockchain sector” carried out by laraontheblock with 83 MENA venture capitalists, fund managers, and family offices,...
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Crypto Options Exchange seeks to enter UAE in Q3 2023
As per an article in Bloomberg, Bitcoin and Ethereum options exchange Deribit, is setting to enter Dubai UAE in Q3 2023, as UAE regulators provide...
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UAE Securities and Commodities Authority publishes UAE Virtual asset regulation resolution
UAE Securities and Commodities Authority (SCA ) publishes the Cabinet Resolution No. (111)of 2022 regarding the regulation of virtual assets and their service providers and has noted...
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UAE Emirates Zone Investment services accepts crypto payments using Binance Pay
UAE Emirates Zone Investment Services has partnered with Binance Pay, to accept crypto payments from the UAE startup community, small and medium businesses (SMBs), Investors and Entrepreneurs...
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Former CEO of Bahrain Fintech Bay joins Fasset digital asset exchange for MENA
Fasset digital asset exchange has appointed the former CEO of Bahrain Fintech Bay as General Manager for MENA region. Fasset digital asset exchange seeks to...
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WEF to support UAE’s Blockchain and AI enabled Trade Tech Initiative
At Davos, the UAE government signed an MOU with WEF (World Economic Forum) to support UAE's new Blockchain and AI enabled Trade Tech initiative. The...
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UAE has not granted a single operational virtual asset license VARA and UAE Minister announce
As HE Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy and Remote Work Applications participated in the WEF session 'Finding the right balance...
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UAE to issue stablecoin for payments legislation soon and maybe even DeFi
As per a recent PWC Crypto regulation report 2023, the UAE has finalized its crypto regulation, includes AML/ CTF Money laundering and counter terrorist financing rules as...
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