FLUUS crypto payment startup founded by MENA crypto enthusiasts raises $600,000

FLUUS crypto payment startup founded by MENA crypto enthusiasts raises $600,000

Crypto payment startup FLUUS ( which means money in Arabic) founded by MENA crypto enthusiasts has raised $600,000 ahead of its beta launch. FHS Capital,... Details
Millions of dollars being poured in for crypto, blockchain, Web3 entities at UAE’s DMCC

Millions of dollars being poured in for crypto, blockchain, Web3 entities at UAE’s DMCC

Once again UAE’s DMCC, the free zone for commodities trading has partnered to offer Web3, Blockchain businesses with a $5 million growth platform. This is... Details
Jordan on FATF grey list because of virtual assets risks

Jordan on FATF grey list because of virtual assets risks

On February 24th 2023 FAFT released its latest grey and black list. For those who are on the grey list it means that these jurisdictions are under increased... Details
The desert of UAE now has two crypto Blockchain oases, plural for Oasis

The desert of UAE now has two crypto Blockchain oases, plural for Oasis

The Government of Ras Al Khaimah (RAK) will be launching the RAK Digital Assets Oasis free zone dedicated to digital and virtual asset companies for non regulated... Details
Web3 Blockchain crypto accelerator and incubator launched in UAE’s DMCC

Web3 Blockchain crypto accelerator and incubator launched in UAE’s DMCC

UAE DMCC, currently home to 550 Blockchain and crypto entities, and global Web3 incubator TDEFi have partnered to launch an accelerator program for Web3 and... Details
UAE ADGM and Zand digital bank to offer preferential banking services to virtual asset entities

UAE ADGM and Zand digital bank to offer preferential banking services to virtual asset entities

UAE based Abu Abu Dhabi Global Market (ADGM) and Zand Bank, the UAE’s all digital bank licensed by the UAE Central Bank, have inked a... Details
Oman indecisive over CBDC but adamant that crypto is an asset not a currency

Oman indecisive over CBDC but adamant that crypto is an asset not a currency

During a discussion panel at the Youth Center in Muscat Oman, the Oman Central Bank governor Tahir Bin Salim Al Amri stated that the Central... Details
UAE based Hex Trust, crypto custodian receives first MVP operational license from VARA

UAE based Hex Trust, crypto custodian receives first MVP operational license from VARA

UAE - Hex Trust is the first entity to have received an MVP Operational license from VARA. This is the third licensing stage within the... Details
UAE Cypher Capital seeking $100 million for crypto venture fund

UAE Cypher Capital seeking $100 million for crypto venture fund

As per a recent article in Bloomberg, UAE Cypher Capital an early-strategy venture firm focused on investing in Web3 infrastructure, is seeking to raise $100 million for... Details
Crypto Ownership more than doubles in Morocco, Egypt, Tunisia and Lebanon

Crypto Ownership more than doubles in Morocco, Egypt, Tunisia and Lebanon

The TRIPLE A January 2023 crypto ownership country report noted that the number of cryptocurrency users has increased since January 2022. In January 2023 there were 420... Details