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Middle East

BitOasis secures landmark MVP license in Dubai
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4 May, 2023

BitOasis secures landmark MVP license in Dubai

With the MVP license, BitOasis now has the right to provide broker-dealer services in Dubai to qualified retail and institutional...
Abu Dhabi seeks public opinion on new legal framework for decentralized economy
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26 April, 2023

Abu Dhabi seeks public opinion on new legal framework for decentralized economy

The public consultation revolves around Abu Dhabi's intention to launch a blockchain framework, focusing on streamlining disclosures, governance structures, and...
Swiss-based digital currency bank Sygnum expands offering to the Middle East
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27 March, 2023

Swiss-based digital currency bank Sygnum expands offering to the Middle East

Sygnum plans to expand into the Middle East have been in the works since October 2022, when the digital currency...
UAE academic taps BSV blockchain to display and protect its cultural heritage
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14 March, 2023

UAE academic taps BSV blockchain to display and protect its cultural heritage

Mohammed Al-Hemairy is leading the development of a Bitcoin SV-powered platform that seeks to protect UAE art and display it...
Animoca Brands makes concerted push into the Middle East with Saudi Arabia as first port of call
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5 March, 2023

Animoca Brands makes concerted push into the Middle East with Saudi Arabia as first port of call

The "crypto winter" won't deter Animoca Brands from making a foray into the Middle East with new projects and partnerships...
Oman gears up for digital asset regulatory framework to control surging interest
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21 February, 2023

Oman gears up for digital asset regulatory framework to control surging interest

Following similar moves from neighboring states, Oman mulls implementing a new regulatory regime to oversee the digital currency sector and...
Metaverse gets a boost in Saudi Arabia with The Sandbox partnership
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11 February, 2023

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership

The memorandum of agreement was signed at the Leap Tech Conference 2023 in Riyadh between The Sandbox metaverse firm and...
Dubai releases full market regulations for virtual assets service providers
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9 February, 2023

Dubai releases full market regulations for virtual assets service providers

Under the Full Market Product Regulations, all entities looking to offer virtual currency services in Dubai must obtain a license...
BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility
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3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
UAE expects digital assets to ‘play a major role’ in international trade
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26 January, 2023

UAE expects digital assets to ‘play a major role’ in international trade

UAE's Minister of State for Foreign Trade said that the country would be pivoting to digital assets in 2023 after...
Dr. Eva Porras on Blockchain DXB podcast: SmartLedger uses blockchain tech to solve business problems
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25 January, 2023

Dr. Eva Porras on Blockchain DXB podcast: SmartLedger uses blockchain tech to solve business problems

SmartLedger's Dr. Eva Porras recounts with Blockchain DXB the SmartLedger team's decision to move to Dubai, the story behind the...