Which homegrown MENA crypto exchanges will do proof of reserve and who was exposed to FTX

Which homegrown MENA crypto exchanges will do proof of reserve and who was exposed to FTX

It all started with the FTX downfall and then Binance’s Co-Founder and CEO call for crypto exchanges to carry out proof of reserves. Since then... Details
UAE VARA regulator suspends FTX Crypto Exchange license in a region that was its third biggest revenue base globally

UAE VARA regulator suspends FTX Crypto Exchange license in a region that was its third biggest revenue base globally

As the FTX debacle unfolds and FTX files for bankruptcy, CEO steps down, UAE VARA ( Virtual Asset Regulatory Authority) in Dubai has suspended FTX’s... Details
UAE Mubadala Capital leads $70 million investment in Web3 Fintech startup Ramp

UAE Mubadala Capital leads $70 million investment in Web3 Fintech startup Ramp

UAE based Mubadala Capital led a Series B funding round of $70 million for Ramp Network, whose claim their mission is to make Web3 a... Details
Alex Tapscott hails blockchain startup PermianChain as a digital asset revolution for natural resources

Alex Tapscott hails blockchain startup PermianChain as a digital asset revolution for natural resources

Alex Tapscott, author of Digital Asset Revolution and co-founder of the Blockchain Research Institute, hails Web3 and blockchain start-up, PermianChain for bringing the digital asset... Details
Bahrain CoinMENA crypto exchange partners with real estate agency to offer crypto payments for properties

Bahrain CoinMENA crypto exchange partners with real estate agency to offer crypto payments for properties

Bahrain regulated CoinMENA, a crypto asset service provider - category 3 license holder has partnered with Carlton Real Estate, a Bahrain-based real estate agency, that... Details
Standard Chartered’s institutional crypto exchange and brokerage firm to enter Abu Dhabi UAE in 2023

Standard Chartered’s institutional crypto exchange and brokerage firm to enter Abu Dhabi UAE in 2023

As per a recent news report Standard Chartered backed institutional cryptocurrency exchange and brokerage firm focused on institutions, is expanding into Abu Dhabi in 2023.... Details
MasterCard chooses two UAE based startups for its Crypto Start Path Program

MasterCard chooses two UAE based startups for its Crypto Start Path Program

MasterCard Start Path Program chooses two of the newly announced seven start-ups from UAE. They include Abu Dhabi digital asset exchange Fasset, as well as... Details
Capex.com receives in principle approval for crypto license in UAE

Capex.com receives in principle approval for crypto license in UAE

Capex.com, which already holds a brokerage license in Abu Dhabi’s ADGM FSRA has now been granted an in principle approval for a cryptocurrency license from... Details
Visa launches NFT auction for FIFA World Cup Qatar Fans on crypto.com

Visa launches NFT auction for FIFA World Cup Qatar Fans on crypto.com

Visa the Official Payment Technology Partner of FIFA unveiled Visa Masters of Movement, a first-of its-kind hybrid experience featuring a pre-event NFT auction and immersive... Details
UAE DMCC and South Korean Blockchain industry in Busan City to spur blockchain web3 adoption

UAE DMCC and South Korean Blockchain industry in Busan City to spur blockchain web3 adoption

UAE DMCC, Dubai MultiCommodities Centre has signed an agreement with South Korea’s blockchain industry, Busan Metropolitan City, to support global development and adoption of blockchain... Details