Middle East News

“Our aim is to build the largest and most trusted cryptocurrency platform in the region,” BitOasis CEO Ola Doudin said.

16 million people in Yemen — including 400,000 children under the age of five — already face food supplies at critical levels.

The United Arab Emirates has been cementing its presence in the digital asset industry recently with multiple efforts to further adopt blockchain-based technologies.

As the political system collapses, so too does the financial one. Thus, more and more Afghan citizens will turn to crypto.

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.

Lawmakers seem to be attempting to establish a legal framework behind a Central Bank of Iran decision for people to only use crypto from state-licensed mining operations for payments.

The Central Bank of Kuwait said that a “real” currency is one issued by the state.

Three new BRI divisions will foster innovation and research in their respective regions.

CSPR appears to be following DOT’s route to success as its IOU token latched on to the bull market’s momentum and rallied 2,300% before it's even listed on major exchanges.

Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia.

Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon.

CryptoCore reportedly launched a phishing campaign against several crypto exchanges and managed to steal $200 million in two years.

Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph.

Two blockchain firms backed by Samsung and Sequoia Capital have launched a DLT consortium for the Middle East, African, and South East Asian regions.

The Department of Economic Development of Dubai has established a KYC blockchain consortium with six major banks.