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Middle East

Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
Finance
Binance
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.
Changpeng Zhao, CEO of Binance, at Consensus Singapore 2018 (CoinDesk)
By Jamie Crawley
Nov 22, 2022 at 2:44 p.m. UTC
Nov 22, 2022
BinanceAbu DhabiMiddle EastCZ
Skyscrapers in Dubai (Kent Tupas/Unsplash)
Finance
21shares
Crypto Investment Product Firm 21Shares Launches Bitcoin ETP in Middle East
21Shares’ physical bitcoin exchange-traded product will list on the Nasdaq Dubai.
Skyscrapers in Dubai (Kent Tupas/Unsplash)
By Michael Bellusci
Oct 12, 2022 at 6:00 a.m. UTC
Oct 12, 2022
21SharesETPsBitcoin ETFMiddle EastDubai
Interest Surges in Bitcoin Speculation; MENA Was Fastest-Growing Crypto Market: Chainalysis
Video
Bitcoin
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 adoptio...
Interest Surges in Bitcoin Speculation; MENA Was Fastest-Growing Crypto Market: Chainalysis
By CoinDesk Staff
Oct 5, 2022 at 8:16 p.m. UTC
Oct 5, 2022
BitcoinChainalysiscdtvaab clipMiddle Eastcrypto adoptionNorth AfricaMENA
Crypto usage has surged in the Middle East and Africa. (Arek Socha/Pixabay)
Finance
Middle east
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
Crypto usage has surged in the Middle East and Africa. (Arek Socha/Pixabay)
By Jamie Crawley
Oct 5, 2022 at 11:48 a.m. UTC
Oct 5, 2022
Middle EastAfricaAdoptionChainalysisCrypto
Blockchain.com is opening an office in Dubai. (shutterlk/Shutterstock)
Finance
Blockchain.com
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.
Blockchain.com is opening an office in Dubai. (shutterlk/Shutterstock)
By Elizabeth Napolitano
Sep 9, 2022 at 6:35 p.m. UTC
Sep 9, 2022
Blockchain.comDubaiCryptoMiddle East
Police forces in the Herat province of Afghanistan have reportedly shut down 16 crypto exchanges and arrested staff. (Johannes Krey/EyeEm/Getty Images)
Policy
Regulations
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 sc...
Police forces in the Herat province of Afghanistan have reportedly shut down 16 crypto exchanges and arrested staff. (Johannes Krey/EyeEm/Getty Images)
By Sandali Handagama
Aug 25, 2022 at 11:58 a.m. UTC
Aug 25, 2022
RegulationsMiddle EastSanctionsCryptoPolicyAfghanistan
Crusoe CEO Chase Lochmiller with Mulham Basheer Al Jarf, deputy president of OIA and chairman of Oman oil company OQ (Crusoe)
Finance
Bitcoin mining
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.
Crusoe CEO Chase Lochmiller with Mulham Basheer Al Jarf, deputy president of OIA and chairman of Oman oil company OQ (Crusoe)
By Aoyon Ashraf
Jun 3, 2022 at 5:50 p.m. UTC
Jun 3, 2022
Bitcoin MiningGasAbu DhabiUAEMiddle EastUSFundingEnvironment
Bahrain (Shutterstock)
Finance
Crypto exchange
Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report
The move follows news of workforce reductions at a number of exchanges in the U.S. and worldwide.
Bahrain (Shutterstock)
By Nelson Wang
Jun 2, 2022 at 4:54 p.m. UTC
Jun 2, 2022
Crypto ExchangeLayoffsBahrainMiddle East
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Video
Binance
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
Binance wins Abu Dhabi nod for another Middle Eastern outpost. India’s MobiKwik pulls crypto support. South Korea’s president-elect forges ahead with crypto policies. Twitter...
MobiKwik Pulls Crypto Support; Twitter NFT Hacker Strikes Again
By CoinDesk Staff
Apr 11, 2022 at 3:02 p.m. UTC
Apr 11, 2022
BinanceNFTcdtvIndiaTwitterFM ClipSouth KoreaDailyForkMiddle EastAbu Dhabi
zibik-shVNOFP3opk-unsplash
Markets
Middle east
Así blockchain está empoderando a las mujeres en Medio Oriente
La cadena de bloques ofrece herramientas para que las mujeres se involucren en una industria donde las reglas no han sido definidas y puedan controlar sus vidas financieras.
zibik-shVNOFP3opk-unsplash
By Amber GhaddarAndrés Engler
Aug 20, 2021 at 2:47 p.m. UTC
Aug 20, 2021
Middle EastMENAOpinion