3iQ digital asset fund to launch new products in MENA region in 2022
Fred Pye, CEO and Chairman of 3iQ digital asset Fund Manager,discussed upcoming crypto and Blockchain investments in 2022 and new funds to be launched in the MENA region within Dubai UAE as well as in other countries across MENA. 3iQ was established six years ago at the onset of cryptocurrency creation. It took them five […]
Simba receives crypto storage license in UAE
Simba Storage, the first token released for Satoshi Bitcoin, has received a crypto storage license from DMCC (UAE Free Economic Zone). The project is a partner of TRES OTC DMCC, which received an over the counter crypto trading license in Dubai UAE. Following in the footsteps of a partner company, Simba Storage, based in Switzerland, Liechtenstein […]
Fluus Finance for crypto payments joins Microsoft for startups
fluus.finance has been accepted into the prestigious Microsoft for Startups program, joining other innovative companies such as Qumulo and Miro. This milestone is a major coup for Fluus Finance, ( FLuus which means money in Arabic) and its mission to turn invisible people into invincible ones. “Microsoft’s empowerment mission and values of innovation, trustworthy computing, diversity and inclusion resonate with Fluus […]
Abu Dhabi to ease passporting between digital currencies and normal instruments
Abu Dhabi Department of Economic Developement is working to develop Abu Dhabi as a crypto hub and ease passporting between digital currency exchanges and normal instruments. In an interview with BlockWorks, Chairman of Abu Dhabi Department of Economic Development Shorafa Al Hammadi stated, ” The government of ABu Dhabi had set a deadline for the […]
MRBH DeFi launches Souq Marketplace
DeFi ecosystem platform MRHB DeFi has launched Souq NFT marketplace. Partnering with Gachyi Land, the first blockchain gaming gacha-launchpad ecosystem, the two parties will mint and issue Hallal Gachyi, a unique Gachyi Land-themed NFT collection created for Souq NFT. Souq NFT is the first NFT marketplace in the world focussed on creating an ethical and halal marketplace for digital art […]
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 […]
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 […]
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 […]
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
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 […]