Why the Recap report that puts Dubai UAE as the second top leading crypto city is nonsense
Recently Recap, a crypto tracking and capital gains solution provider, published its report under the title ‘Which Cities are leading the way in cryptocurrency’. 50 cities were put...
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Kraken closes its UAE office, Chainalysis hires for MENA
As per Bloomberg Kraken, crypto exchange based out of Abu Dhabi UAE has closed its office while Chainalysis lays off 4.8 percent of its global workforce, but...
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Alea Global Investment Group to have a session on Blockchain in trade Finance at KSA event
Alea Global Group will be holding their edition of Alea Sessions in Riyadh KSA. The one day gathering under the theme ‘The New Opportunities in Investment in...
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The Crypto ecosystem grows in Bahrain after entrance of Binance
In January 2023 Binance celebrated its official entrance into Bahrain. Bahrain’s crypto ecosystem has flourished with the entrance of Binance. Bahrain has witnessed a growth...
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Beware of potential scam the Gulf crypto Bank and GulfCoin
Recently a press release came out discussing the launch of the Gulf Crypto bank which is espoused to be an integrated banking system for both fiat currencies...
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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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