CryObo Project in UAE to use solar power to mine crypto
Epazz Inc., a mission-critical provider of blockchain cryptocurrency mobile apps and cloud-based business software solutions, has announced that CryObo Project in UAE would be using solar power technology to mine Bitcoin. The company is in the process of registration with the UAE for cryptocurrency operations. As per the release, CryObo Project for real estate tokenization […]
UAE Hospitality brand accepting crypto payments
UAE hospitality brand Stella Stays is accepting crypto payments through its e-commerce platform. According to their press release, Stella Stays is taking a pioneering step as the first hospitality company in the Middle East to accept cryptocurrencies directly through their website. As per the press release, customers will be able to complete online transactions by […]
UAE Yoshi Markets receives virtual assets trading license from Abu Dhabi
Yoshi Markets previously known as Arabian Bourse Limited (ABX), has received the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) in UAE. The FSP allows Yoshi Markets to operate as a Multilateral Trading Facility (MTF) and Custodian for virtual assets. Yoshi Markets will provide a full-fledged […]
FTX Europe receives crypto exchange license from UAE
FTX Europe & MENA part of FTX.COM, has received a crypto exchange license to operate its Virtual Asset (VA) Exchange and Clearing House services in Dubai, UAE. As an anchor within Dubai’s program to drive progressive global VA Regulatory frameworks, FTX Europe becomes the first fully regulated VA Exchange to trial complex crypto derivatives dedicated to professional institutional […]
Bahrain first GCC country to grant Binance a license
Once again Bahrain has proved that it is one of the most forward looking countries in the GCC ( Gulf Cooperation Council). Bahrain has now granted Binance a crypto exchange license, making the total number of crypto exchanges three. Bahrain has also been one of the leading GCC countries when it comes to innovation. Bahrain […]
Aafaq MENA and Arab Financial services to support fintech startups
Aafaq MEA, Islamic Finance Islamic services provider, and MENA Arab Financial Services (AFS), the leading digital payment solutions provider have entered a strategic partnership whereby to support aspiring Fintech startups to launch their products and services in the UAE. The partnership is integral to AFS’s Regional Partner Program, a program committed to providing a platform […]
Buy Now Pay Later
Introduction The Covid-19 pandemic has exerted unforeseen, yet not surprising influences on the digital innovation market. As close quarter interaction faced prohibitions, consumers were left with additional disposable income, some of which invariably found its way to e-commerce websites. Considering this, fintechs moved quickly to make this an even more attractive proposition for consumers – […]
Data Gumbo launches GumboStore smart contract marketplace
Data Gumbo, with a presence in Saudi Arabia, the industrial smart contract network company, launches GumboStore, the first industry-grade smart contract marketplace. GumboStore enables companies to easily create, deploy, publish or license intuitive smart contract templates to eliminate transactional and informational friction in commercial relationships. “GumboStore makes smart contracts accessible to companies wanting to streamline operations and […]
UAE Papa Johns dropped Their NFT collection
UAE Papa Johns entered the NFT arena and dropped their first collection of cool, collectable and greener NFTs, (NFTs) as part of the metaverse’s biggest ever NFT giveaway globally. The NFTs also feature, for the first time, in the second drop of Papa Johns’ Papa X Cheddar marketing campaign. The collection of 19,840 NFTs will […]
IFX Expo Dubai 2022 concluded with Metaverse topics
The iFX EXPO Dubai 2022 was a huge triumph, as expected with metaverse topics leading the discussions. Following last year’s success, the world’s largest B2B fintech event returned to the UAE for another insightful edition. The expo took place at Za’abeel Hall 6, Dubai World Trade Centre from 22-24 February 2022 and attracted more than […]