Oman has launched a mandatory national bitcoin mining pool, requiring every licensed cryptocurrency miner in the Sultanate to route its hashrate through a single state-backed platform. The Ministry of Transport, Communications and Information Technology (MTCIT) unveiled Omanhash.om on June 17, 2026. The pool is the official and sole legal pooling option for licensed mining companies […]
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Although the proposed virtual asset regulatory framework in Oman covers FATF-defined assets, the issuance of privacy coins might get banned.
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On Sunday, Saudi Arabia and several major oil producers announced their plan to cut oil production by 1.15 million barrels per day, starting in May and continuing until the end of 2023. According to the Saudi Energy Ministry, the move was coordinated with some members of the Organization of the Petroleum Exporting Countries (OPEC) and […]
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Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had met several technical, operational, and security requirements […]
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