Law Decoded: Arab States of the Gulf open up to digital asset services, March 14–21
Crypto comes to the Persian Gulf, U.S. Congress moves sideways, Australia is looking at regulating DAOs. Go to Source Powered by WPeMatico
Middle East
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It’s official: Binance secures a license to operate in Dubai
It becomes the company’s second license in a Middle East jurisdiction obtained this week. Go to Source Powered by WPeMatico
Binance stopped ‘all activities focused on Israel’ following regulatory request: Report
“Following the intervention of the capital market, Binance has at this stage stopped marketing to Israelis and all activities focused on Israel until we examine the issue of licensing,” said the Capital Markets Authority. Go to Source Powered by WPeMatico
Sanctions and trade: Iran aims to develop a central bank digital currency
While the central bank announced its intention to launch a CBDC, exact details are still scarce. Go to Source Powered by WPeMatico
Swiss BSV to establish blockchain academy in the Middle East
The BSV association and SDA will collaborate through the new blockchain academy in Riyadh to provide blockchain learning and development resources. Go to Source Powered by WPeMatico
UAE issues first NFT stamps in the Middle East
The United Arab Emirates has adopted a favorable approach towards crypto. Now, its postal operator is issuing NFTs to commemorate National Day. Go to Source Powered by WPeMatico
Emirati crypto exchange BitOasis raises $30M to expand in MENA
“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said. Go to Source Powered by WPeMatico
Dubai to benefit from expanding crypto market, Bittrex Global CEO says
The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies. Go to Source Powered by WPeMatico
Amid Taliban takeover, aspiring crypto miner flees Afghanistan
The Afghan refugee believed the Taliban would restrict access to smartphones and the internet, making crypto mining impossible. Go to Source Powered by WPeMatico
Licensed Iranian crypto miners ordered to halt production ‘altogether’
Even Iran’s Minister of Labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country’s power grid. Go to Source Powered by WPeMatico
