Middle East
Digital Asset Platform With Ex-Goldman Partner as Co-Founder Gets Bahrain Crypto License
ARP Digital says it's the "first and only central bank-licensed OTC service provider specialized in digital-asset structured products."
Crypto Outlook as Market Braces for Spread of Israeli-Hamas War
Ongoing tensions in the Middle East could spill over to the crypto markets and cause a short-term decline in riskier assets such as bitcoin (BTC). This comes as crypto traders suffered over $100 million of losses from liquidations, according to CoinGlass data. First Mover host Lawrence Lewitinn and CoinDesk Chief Content Officer Michael J. Casey discuss their crypto markets outlook.
Binance to Withdraw Debit Card in Latin America, Middle East
The cryptocurrency exchange said the card service will terminate in the Middle East on Aug. 25 and in Latin America on Sept. 21.
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
