ChainUp Blockchain solutions provider sets up in UAE offering digital asset solutions
Singaporean ChainUp Group, a global blockchain technology solutions provider, has expanded its operations into the UAE and MENA region with a sales office in Dubai....
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1,650 Blockchain crypto entities in the UAE a 13.8 percent growth YOY
According to a Crypto Oasis at the end of 2022 there were 1,650 blockchain and crypto entities in the UAE. Crypto Oasis notes that the...
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KSA Minister of Finance: CBDCs are a fantastic tool for developing countries
During the World Economic Forum’s session’ Financial Institutions innovating under pressure’ The Saudi Minister of Finance Mohammed al-Jadaan stated that while CBDCs have privacy issues they...
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Qatar Sovereign Wealth Fund at DAVOS reasserts investment interest in Blockchain technology
During a Bloomberg TV interview at WEF Davos event, Mansoor Al Mahmoud, CEO, of Qatar Investment Authority, reaffirmed the fund's interest in investing in Blockchain technology, more...
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UAE HAYVN Subsidiary, HAYVN Asset Management launches crypto Index Fund
HAYVN, regulated by UAE Abu Dhabi Global Markets, CIMA, and AUSTRAC has launched its first HAYVN 20 Index Fund a high risk fund that includes crypto assets....
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Egyptian Blockchain Pravica messaging startup receives investment from Cardano’s Blockchain accelerator
Egyptian founded and UAE based Pravica, a blockchain company offering decentralized private messaging and community group solutions, has secured a funding investment from Adaverse Cardano Ecosystem...
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The UAE enacts new commercial law allowing virtual asset businesses to set up onshore
The UAE Cabinet recently updated some of its legislation which included those pertaining to virtual businesses and virtual assets. The UAE is considering the provision...
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The First MENA grown $1 billion fund for Web3 and Blockchain launches
In what seems to be a great start for Blockchain and Web3 ecosystem in the MENA region, the first $1 billion fund was announced by...
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Dubai’s virtual asset regulator gets its first CEO as it releases its final crypto framework
On the LinkedIn page of Henson Orser, it states that he is the CEO (Chief executive Officer) of Dubai’s virtual asset regulatory authority better known as VARA...
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62 percent of Oman crypto owners plan to increase crypto holding in 2023
About 65,000 Oman residents own cryptocurrencies, equivalent to 1.9 percent of the population. In a recent survey carried out by Oman based Souq Analyst, the largest investment...
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