qatar – DIGIT INFO

Iran Diplomats Push Peace Talks in Doha as Bitcoin Holds $77,700 and Oil Drops 6%

DIGIT — Mon, 25 May 2026 18:06:30 +0000

Iranian diplomats landed in Doha, Qatar, on Monday, for high-level talks with U.S. counterparts aimed at building a peace framework, sending oil prices lower and pushing risk assets including bitcoin higher. Iran and U.S. Negotiate Strait of Hormuz Deal as Bitcoin Climbs 1.47% in Doha Talks Parliament Speaker Mohammad Bagher Ghalibaf and Foreign Minister Abbas […]

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International Banks Evacuate Dubai Offices and Close Qatar Branches Amid Iranian Threats

DIGIT — Thu, 12 Mar 2026 08:30:32 +0000

Global financial institutions including Citigroup, Standard Chartered, and HSBC are shuttering regional offices and activating contingency plans following direct threats to Gulf banking interests. Reuters reports that Citigroup and Standard Chartered began evacuating their Dubai offices in the Dubai International Financial Centre (DIFC) and Oud Metha on March 11, 2026, following threats from Iran’s military […]

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Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments

DIGIT — Tue, 30 Sep 2025 04:30:18 +0000

Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated […]

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MENA’s Crypto Market Soars With Türkiye, UAE, Saudi Arabia, and Qatar Leading the Charge

DIGIT — Fri, 27 Sep 2024 07:30:34 +0000

According to a Chainalysis report, the Middle East & North Africa (MENA) region has emerged as a significant player in the global crypto market, ranking seventh globally with $338.7 billion in on-chain value received between July 2023 and June 2024. Türkiye leads the region, driven by high consumer engagement and stablecoin adoption amidst inflation, while […]

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Tether Invests $3 Million in Kem App to Boost USDT Usage in the Middle East

DIGIT — Wed, 14 Aug 2024 19:30:59 +0000

Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s platform, promoting widespread adoption in the Middle East and enhancing financial inclusion. The investment is expected to improve economic conditions in countries like Kuwait, Bahrain, […]

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Central Bank of Qatar Announces CBDC Project

DIGIT — Wed, 05 Jun 2024 03:10:32 +0000

The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year in October, allowing several national and international banks to test the functionality of this pilot by facilitating large payments among them. Qatar Announces CBDC Experimental […]

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Bitcoin’s Leap Past $65K Ignites Speculation of Qatari Billionaire’s Big Buy Post-Atlantis Conference

DIGIT — Mon, 04 Mar 2024 15:45:32 +0000

Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference in Madeira. A sighting of a Qatari jet at the airport subsequent to the Bitcoin Atlantis gathering has caught the public’s attention, with the shared […]

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Central Bank Gold Demand Rose at the Fastest Pace in 55 Years, Analyst Says Silver Could Outperform Gold in 2023

DIGIT — Fri, 30 Dec 2022 14:30:36 +0000

According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand for gold by central banks has risen at the fastest pace in 55 years. Meanwhile, Wells Fargo’s head of real asset strategy, John LaForge, contends […]

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Data From October Shows Gold Reserves Held by Central Banks Tapped the Highest Level in 47 Years

DIGIT — Wed, 07 Dec 2022 17:00:20 +0000

Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more gold during 2022’s fourth quarter. Statistics show that the gold held by the world’s central banks is at the highest level since 1974. Central Banks […]

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Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

DIGIT — Wed, 30 Nov 2022 20:30:02 +0000

During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin miners. On Nov. 30, 2022, statistics show if miners paying for electricity pay roughly $0.12 per kilowatt hour (kWh), only three application-specific integrated circuit (ASIC) […]

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