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MIDDLE EAST

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says
Middle East

Over 1,000 Firms Expected to Join Crypto Space in UAE by 2022 End, Expert Says

During the Top CEO event in Dubai, Crypto Oasis co-founder Saqr Ereiqat opined that at least 1,000 companies will enter the crypto space in the United Arab Emirates (UAE) by the end of the year based on a fast-paced ecosystem.

Crypto Exchange Kraken to Launch in UAE
Middle East

Crypto Exchange Kraken to Launch in UAE

U.S.-based cryptocurrency exchange Kraken expands to the UAE, and open an office in Abu Dhabi.

UAE to Strive for Virtual Service Provider Licenses before Q2
Middle East

UAE to Strive for Virtual Service Provider Licenses before Q2

In a bid to become a global crypto hub, the United Arab Emirates (UAE) is gearing up to issue federal licenses to virtual asset service providers (VASPs) by the end of Q1 2022.

Crypto Market Expanding in the Middle East, Says HashCash CEO
Middle East

Crypto Market Expanding in the Middle East, Says HashCash CEO

A paradigm shift is being witnessed in Middle East nations, especially the United Arab Emirates (UAE), because the region’s interests are changing from oil to crypto and metaverse.

Middle East Eyes for Strong Potential Cryptocurrency Market
Middle East

Middle East Eyes for Strong Potential Cryptocurrency Market

More Middle East countries are taking a bet on cryptocurrency, despite its high volatility nature, which may beat investors.

KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers
Middle East

KFC Opts for Blockchain-Based Media Buying and Digital Advertisements for its Middle East Customers

KFC, a leading American fast food chain, seeks to change the face of the quick-service restaurant (QSR) sector by establishing a blockchain platform in the Middle East for more transparent and efficient media buying and digital advertisements.

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE
Middle East

Mashreq Bank and DIFC Launch First KYC Blockchain Platform in UAE

Dubai International Financial Centre (DIFC) and Mashreq Bank announced the launch of the region’s first blockchain data-sharing platform which went live on March 1.

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