Tag: middle east

Sep 30 2022

Examining The Debate Around Bitcoin’s Role in Palestine

There are clear advantages to be had by Palestine in adopting Bitcoin, but the path to do so is not so straightforward as has been claimed before.This is an opinion editorial by Seth Cantey, an associate professor of politics, and Mohammed Mourtaja, a Palestinian student studying international economics.A debate is taking shape over whether bitcoin can play a role in Palestinians’...

Sep 22 2022

Bahrain Approves Bitcoin, Crypto Payments For Over 5,000 Merchants

Bahrain’s central bank approved a partnership between EazyPay and Binance enabling 5,000 POS and online payment gateways to accept bitcoin and crypto.The Kingdom of Bahrain approved EazyPay to enable Bitcoin payments for over 5,000 merchants in the MENA region. EazyPay partnered with Binance enabling instant POS and online payments in bitcoin and crypto. Bahrain recently began testing...

Sep 21 2022

CoinCorner Targets Middle East Expansion Via Emirates Partnership

Sep 21 2022 Published at Coinscreed under tags  coincorner markets middle east partnership

Through its partnership with Seed Group, CoinCorner will set up a platform for buying, selling, sending, receiving, and storing bitcoin, as well as services for local businesses to do business in cryptocurrency. Through a partnership with the private office of Sheikh Saeed bin Ahmed Al Maktoum, CEO of the Emirates airline and a member of […] The post...

Jun 01 2022

Oil Companies In The Middle East To Use Excess Gas For Bitcoin Mining: Report

Crusoe, a Denver-based bitcoin mining company, is deploying equipment to capture flared gasses in Muscat, Oman.Crusoe, a bitcoin mining company, is deploying equipment in Muscat, Oman to capture flared gas.The Oman Investment Authority in the Middle East was part of an April funding round that saw Crusoe raise $350 million. The MENA region accounts for 38% of the world’s flared gasses....

Apr 25 2022

Kraken Gains Abu Dhabi License to Launch Crypto Services Locally

The Middle East has become one of the most preferred destinations for cryptocurrency exchanges, as Kraken is the latest to receive a license from the Abu Dhabi Global Market (ADGM).

Apr 11 2022

Bahrain’s Largest Asset Manager Launches Blockchain Fund

Apr 11 2022 Published at Coingape under tags  blockchain middle east news

Investcorp Holdings, Bahrain's biggest asset manager, launched its first global institutional blockchain fund. The organisation aims to allocate funds among startups driven by blockchain technology. The firm, which was ranked by Forbes as the second-largest wealth manager in the Middle East, is now courting investors to raise funds for the new fund. The Middle East...

Mar 16 2022

Binance To Extend Operations In Middle East, Gets Crypto License In Bahrain

Binance, one of the world’s biggest digital currency exchanges engaged in transactions of 600 plus cryptocurrencies, stated on Tuesday, March 15, 2022, it has won a license to perform digital assets operations in...

Feb 20 2022

The Chainalysis Crypto Adoption Report on the Middle East

The blockchain and cryptocurrency space is arguably one of the most innovative technologies of the 21st century. We have seen this still yet nascent space revolutionize important spheres in the world today. In a recent report, blockchain data platform Chainalysis has published crypto adoption metrics of different regions of the world. This article covers details of crypto adoption in the Middle East. Before...

Oct 26 2021

Ripple Launches RippleNet’s ODL Deployment in the Middle East

The company has partnered with Pyypl for the introduction of new services in the region.

Oct 14 2021

Jul 28 2021

The Truth Behind Bitcoin’s Opposition

Bitcoin represents a threat to the United States dollar and its global hegemony backed by endless war.What do Saddam Hussein and Bitcoin have in common? According to the government, they both have ties to terrorism. In reality, both threaten the United States dollar (USD) and its global hegemony.“One man's terrorist is another man's freedom fighter.” — Gerald...

Jul 22 2021

Can Bitcoin Be Palestine’s Currency Of Freedom?

Bitcoin gives Palestinians a powerful avenue for peaceful protest, and the opportunity to find sovereignty among oppressive economic policies.One day last week I spoke to a Bitcoin user inside the Gaza Strip.He asked to remain anonymous and go by the name Uqab — the Arabic word for “eagle” — as he took a large personal risk to talk to me.We...

Jun 23 2021

First Mideast Bitcoin Fund Lists On Nasdaq Dubai Exchange

Jun 23 2021 Published at Bitcoin Magazine under tags  canada dubai fund markets middle east

The Bitcoin Fund has become the first bitcoin investment fund to trade in the Middle East after being listed on the Nasdaq Dubai exchange.The Bitcoin Fund, a Canadian, closed-end bitcoin investment fund, became the first of its kind to trade in the Middle East after being listed on the Nasdaq Dubai Exchange, reported...

Jan 25 2021

Shariah-Compliant Crypto Exchange Wins License From Bahrain Central Bank

Jan 25 2021 Published at CoinDesk under tags  bahrain business coinflash exchanges middle east

Launching soon, CoinMENA said it will offer spot trading in five major cryptocurrencies.

Jan 18 2021

Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial

The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.

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