Bahrain beats the world and grants Binance approval for license

Binance, blockchain and cryptocurrency infrastructure provider, has received in-principle approval from the Central Bank of Bahrain (CBB) to establish itself as a crypto-asset service provider in the Kingdom of Bahrain. The in-principle approval comes after Binance applied for a license from the CBB as part of its plans to become a fully-regulated centralized cryptocurrency exchange. Changpeng Zhao (CZ), founder […]

BSS Oman, Blockchain provider deploys RedHat OpenShift

Oman based, Blockchain Services & Solutions (BSS) Oman is deploying Red Hat OpenShift across its organization for more scalable, consistent application development in order to achieve faster time to market for innovation and to support its expansion strategy.  Ahmed Al Yamani, Vice President, Technology, BSS Oman,” Innovation is at the heart of what we do, as we […]

Crypto Scammers in UAE get five years in prison

Fraudsters promoting online cryptocurrency scams in the UAE, can get five years in jail plus a fine of up to $272,000, according to a report. The new measures, which are set to take effect on January 2, 2022, are part of the government’s effort to protect people from online scams. As part of UAE’s new […]

KSA Dar Al Arkan realestate awaits regulatory approval for crypto transactions

Saudi based Dar Al Arkan which had announced a joint investment of 2 billion USD with Oman Development entity Omran for a touristic project in Oman. In a television interview the CEO of Dar Al Arkan when asked about any possible dealings with digital currencies inside the Kingdom, his reply that they had requested approval […]

AbuDhabi StartAd and Ripple announce winning blockchain startups

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Home About Us Services AbuDhabi StartAd and Ripple announce winning blockchain startups December 23, 2021 Share This : UAE based startAD, the Abu Dhabi-based startup accelerator powered by Tamkeen and anchored at NYU Abu Dhabi (NYUAD), in partnership with Ripple has announced the winning startups of the eighth edition of its Corporate Sprint Accelerator (CSA) programme. A […]