Middle East News
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia.
Bahrain central bank licenses Sharia-compliant crypto exchange
Data published by Arcane Research suggests that major P2P crypto platforms have struggled to take off in Iran and Lebanon.
Crypto P2P adoption in Middle East stymied by politics and tech
CryptoCore reportedly launched a phishing campaign against several crypto exchanges and managed to steal $200 million in two years.
Someone Has Been on a $200M Crypto Exchange Hacking Spree
Major telecoms provider Zain has joined the governing council for distributed ledger platform Hedera Hashgraph.
Leading Middle East Telecoms Firm Zain Joins Hedera Governing Council
Two blockchain firms backed by Samsung and Sequoia Capital have launched a DLT consortium for the Middle East, African, and South East Asian regions.
Samsung-Backed DLT Firms Launch Blockchain Consortium for MEASEA Region
The Department of Economic Development of Dubai has established a KYC blockchain consortium with six major banks.
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
The International Data Corporation projects that Middle East and Africa’s blockchain spending would surge from $21 million in 2019 to $105 million by 2023.
Report: Middle East and Africa’s Blockchain Spending to Surge 400% by 2023