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Middle East
Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion
The crypto trading platform plans to hire up to 60 new members of staff in the region.
Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East
Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month.
Crypto Exchange Bybit Opens Global Headquarters in Dubai
The city recently unveiled its licensing requirements for crypto entities.
Binance CEO Seeking Funds From Middle East Investors for Crypto Recovery Fund: Bloomberg
Binance plans to start a recovery fund to help projects with strong fundamentals, but suffering from a liquidity crisis.
Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East
21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.
Interest Surges in Bitcoin Speculation; MENA Was Fastest-Growing Crypto Market: Chainalysis
Open interest in bitcoin perpetual swaps has spiked to an all-time high. Plus, the Middle East and North Africa (MENA) region was the fastest-growing market for crypto adoption from July 2021 to June 2022 according to blockchain analytics firm Chainalysis.
Middle East/North Africa Was Fastest-Growing Crypto Market Over Past 12 Months: Chainalysis
MENA-based users received $566 billion in cryptocurrency from July 2021 to June 2022
Blockchain.com to Open Dubai Office After Securing Preliminary Regulatory Approval
The crypto exchange joins a number of companies expanding to the Middle East as Dubai aims to turn itself into a leading cryptocurrency hub.
Afghan Authorities Shut Down 16 Crypto Exchanges in One Week: Report
Police reportedly closed the exchanges and arrested their staff after Afghanistan's central bank stated that digital currency trading should be stopped, citing problems and scams.
Middle East Oil Producers Move Into Bitcoin Mining With Crusoe Energy Stakes
The U.S. startup – which uses flared natural gas to power bitcoin mining rigs – counts the sovereign wealth funds of Abu Dhabi and Oman as investors.
