UAE licensed Backpack Exchange acquires FTX EU
UAE licensed Backpack Exchange, a global cryptocurrency exchange has acquired FTX EU, the MiFID II-licensed former European arm of FTX....
January 7, 2025
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Crypto
UAE Zand bank signs up new collaboration
UAE fully licensed digital bank Zand, has yet again signed up a new collaboration. This time it is with UAE...
January 7, 2025
UAE Phoenix Group expands its Bitcoin mining to USA
UAE Phoenix Group PLC listed on the Abu Dhabi Securities Exchange (ADX: PHX), has launched its 50MW mining facility in...
January 7, 2025
Ethiopia accounts for 2.5 percent of Bitcoin mining hashrate
Ethiopia and its local Bitcoin mining operations now account for 2.5% of global hashrate. Bitcoin miner Kassa stated, “Bitcoin miners...
January 7, 2025
Syrian government is not exploring a bitcoin proposal
While some news outlet announced that the Syrian government was considering a bitcoin legislation, the Founder of Bitcoin21 Arabic noted...
January 2, 2025
Dubai Islamic Bank and Crypto.com team up to tokenize Islamic Sukuks and offer crypto payments
Global crypto exchange Crypto.com, regulated in the UAE has teamed up with Dubai Islamic Bank to explore opportunities to introduce...
December 31, 2024
UAE and USA retail investors to increase investments in crypto in 2025
In an eToro survey, published December 24th, on UAE retail investors, it found that UAE retain investors plan to increase...
December 24, 2024
UAE among the top 10 global Blockchain countries with 340 patents
In a recent study by ApeX exchange the UAE came in among the top 10 globally ranked countries for blockchain...
December 22, 2024
Moroccan crypto regulation aligns with G20 recommendations
Once again the Governor of Bank Al-Maghrib (BAM), Abdellatif Jouahri, has spoken about the crypto assets regulatory framework that the...
December 20, 2024
Phoenix Group UAE crypto entity Founder steps down
Phoenix Group, a cryptocurrency, blockchain, and Web 3 company and the first UAE home-grown cryptocurrency firm to be listed on...
December 20, 2024
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