UAE ranks third globally in terms of number of Blockchain startups
The 2022 Worldwide crypto readiness report looks into the number of crypto ATMs, legislations, taxes surrounding cryptocurrencies, as well as the number of blockchain start-ups and the...
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UAE now home to first crypto basket investing app
Singaporean start-up, KoinBasket, which recently received a 2 million USD pre-seed funding, is launching the UAE’s first crypto basket application. The company wants to make...
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Japanese crypto custody provider receives provisional license from Dubai VARA
Komainu, a regulated digital asset custody provider created by Japanese investment bank Nomura, digital asset manager CoinShares and digital asset security company Ledger. has been granted a...
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OasisX MultiChain NFT marketplace the Oasis for NFTs in the MENA region
The NFT (Non Fungible Token) marketplace trading volume is currently at around 4 billion USD per month despite the crypto bearish sentiments. Yet, the NFT...
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Blockchain RippleNet to power remittance service between Qatar and Philippines
Qatar National Bank (QNB) has launched a direct remittance service powered by Blockchain RippleNet. The remittance service will offer money transfers from Qatar to Philippines connecting through...
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Matcha Capital takes on Pakistan with investment in BitBlaze crypto exchange
Matcha Capital, a Blockchain crypto investment fund based out of Europe, soon to be opening its offices in Dubai UAE within DMCC ( Dubai Multi Commodities...
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Zimbabwe grants UAE Mulk International exclusive license to establish a blockchain and digital assets zone
UAE Mulk International has been granted an exclusive license to establish a blockchain and digital assets special economic zone in Zimbabwe. This comes in parallel...
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UAE Crypto exchange partners with RAK Bank to offer localized AED trading
UAE RAK Bank has partnered with Kraken crypto asset exchange to offer virtual assets trading in AED using their local bank account. As regulated by the Central...
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End of 2022 31 percent of Saudi adult population will own cryptocurrencies
Kucoin cryptocurrency exchange has revealed in a report “ Crypto Verse Report on adoption of digital currencies in Saudi Arabia" that 3 million Saudi Arabians are crypto...
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The Saudis Free to Mint NFT Collection Sold Out after reaching 7.7 million USD in sales
In the past few days the Saudis NFT Collection has topped the OpenSea volume charts just below cryptopunks. The Saudis Free to Mint Collection totaled...
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