Qatar Central Bank studying CBDC
The Qatar Central Bank (QCB) is currently studying Central Bank Digital Currency, and digital bank licensing. Head of Financial Technology Section at Qatar Central Bank Alanood Abdullah Al Muftah told Qatar Peninsula news platform, ” We’re currently trying to study the different aspects and verticals of fintech. We’re trying to set our direction. In the […]
Binance crypto exchange receives license from Dubai regulator
Binance global crypto exchange receives a Virtual Asset License from Dubai’s Virtual Asset Regulatory Authority (VARA). As per the license, Binance will be able to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region. This is the same license that FTX received a day before. Under the Virtual […]
KSA accelerator Taqadam invests in Blockchain startup
KSA TAQADAM Startup accelerator backed by KSA King Abdullah University of Science and Technology (KAUST) and Saudi British Bank (SABB) have invested 100,000 USD in Oman Blockchain startup Cubex, an online marketplace for sea freight, using blockchain to connect buyers and sellers in an auction model. Taqadam previewed 23 startups, eight from Saudi Arabia and […]
Blatform Blockchain powered BaaS platform UAE and Turkey key crypto markets
Blatform, Blockchain Business as a Service (BaaS) platform state that Turkey and UAE are two key markets for crypto transactions with 18.6% and 11% ownership of cryptocurrency respectively. Blatform based out of Singapore have also just appointed MENA GoDaddy General Manager, Selina Bieber to their Advisory Board. Selina is the General Manager for GoDaddy in […]
WadzPay Blockchain payments provider expands in MENA
UAE based WadzPay Blockchain enabled payments solution provider is expanding into MENA region with the appointment of Khaled Moharem as President MENA and Parag Khanna as Senior Vice President business development for MENA. Khaled Moharem will be actively involved in developing and executing WadzPay’s strategy to expand its Middle East presence. He will lead the Middle East business and build robust systems and structures […]
RFOX metaverse company opens office in UAE
RFOX, a metaverse company building the future of the Internet, has opened a new regional office in UAE in Dubai. The company is currently domiciled in Southeast Asia. RFOX Metaverse features the RFOX VALT metaverse, a virtual world that the company is building in virtual reality (VR), and its integration with the multiple other businesses […]
DIFX crypto exchange launches new innovative Program and identity at Crypto Expo Dubai
MENA and GCC focused Digital Financial Exchange (DIFX), a cross asset fully insured Centralized Crypto Exchange (CEX) revealed its new corporate identity as well as a new innovative feature, the “Nomination Program” at DIFX stand at the Crypto Expo Dubai event in the presence of DIFX CEO, media and partners. “We are proud of what […]
Saxo Bank launches access to crypto managed portfolios in GCC
Saxo Bank, Fintech a multi-asset trading and investment, in support of GCC’s rapidly growing retail sector has launched SaxoInvestor, platform which will offer access to Stocks, ETFs, Mutual Funds, Bonds, Cryptocurrencies and Managed Portfolios. It will also provide investors with an easy-to-use interface and access to a wealth of research content and investment themes, creating […]
Blockchain Spacechain opens office in UAE
Blockchain Spacechain has opened an office in UAE specifically in Abu Dhabi to mark its foray into the burgeoning space sector in the MENA region. Incorporated and operated under the legal entity of SpaceChain MENA Ltd, the new office is located at Hub71, Abu Dhabi’s global tech ecosystem, where the company will spearhead the planning and development of integrated space-blockchain […]
Female owned Crypto Camels launches NFT collection in MENA
Bahrain based, and female owned Crypto Camels Club, has launched its NFT Collection in MENA. The collection consists of 10,000 unique NFTs ( Non Fungible tokens) with a target to sell up to 10,000 NFTs, as it aims to benefit from the surge in popularity for NFTs in the region. The Bahrain Crypto Camels Club […]