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Middle East

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Saudi’s NEOM partners with Animoca Brands for regional Web3 development

October 30, 2023 by DIGIT

Saudi Arabia’s forthcoming regional development project, NEOM, has partnered with Animoca Brands to push Web3 in the region and a potential $50 million investment deal. Go to Source

Categories Middle East, Saudi Arabia, web3

UAE emirate launches new free zone for digital assets, Web3 and AI

October 19, 2023 by DIGIT

Ras Al Khaimah, known for its rich cultural sites, is turning to the virtual assets sector to diversify its economy away from traditional avenues such as tourism. Go to Source

Categories Adoption, ai, business, Digital Asset, Middle East, UAE, web3

Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments

September 26, 2023 by DIGIT

After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well. Go to Source

Categories JPMorgan Chase, Middle East, Payments, Tokens

Binance pledges $3M in BNB to Morocco earthquake victims

September 12, 2023 by DIGIT

Binance said it will issue a series of airdrops worth up to $100 in BNB to users located in Morocco’s highly impacted Marrakech region. Go to Source

Categories Binance, binance coin, Changpeng Zhao, Middle East, Morocco

Saudi Arabia looks to blockchain gaming and Web3 to diversify economy

September 8, 2023 by DIGIT

The kingdom is currently diversifying its economy away from oil and turning to new opportunities, such as gaming and Web3. Go to Source

Categories blockchain game, Games, Gaming, Middle East, Saudi Arabia, UAE, web3

US regulators deny blocking AI chip exports to Middle East

September 1, 2023 by DIGIT

The U.S. Department of Commerce denied blocking AI chip sales to the Middle East and remained silent about whether the requirements were only imposed on specific countries. Go to Source

Categories China, Middle East, Nvidia, United States, US Government

Oman launches $370-million crypto mining center: Report

August 22, 2023 by DIGIT

The mining facility comes as part of a plan to accelerate the digitalization of Oman’s economy, mainly dependent on oil export. Go to Source

Categories Bitcoin Mining, Middle East, mining

Abu Dhabi grants virtual asset firm M2 permission to offer crypto services

August 16, 2023 by DIGIT

M2 platform will launch later in 2023, allowing UAE-based retail and institutional clients to buy, sell and custody virtual assets. Go to Source

Categories abu dhabi, business, Crypto services in Abu Dhabi, Crypto services in the Middle East, Crypto services in the UAE, Middle East, Regulation, UAE

Oman financial regulator seeks feedback on proposed virtual asset framework

August 4, 2023 by DIGIT

Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned. Go to Source Powered by WPeMatico

Categories Cryptocurrencies, Digital Assets, Middle East, Oman, Regulation, virtual assets

Nomura’s crypto arm Laser Digital bags Dubai VARA license

August 1, 2023 by DIGIT

Laser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter (OTC) service. Go to Source Powered by WPeMatico

Categories Dubai, Japan, Middle East
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%