The volatile nature of cryptocurrency matters has nothing on crypto. A 2022 report shows a market capitalization of USD 2.5 trillion for Cryptocurrency. From a single currency in 2009, this market has grown to host…
The Kingdom of Saudi Arabia is notable for its strategic moves towards economic expansion. One of the foremost ways the kingdom aims to achieve its Vision 2030 is by supporting innovation and adopting emerging technologies…
The Middle East has established itself as an innovative region for financial technology. With their decentralized nature and ability to completely transform traditional finance, cryptocurrencies like Bitcoin and Ethereum have attracted the interest of the…
The Middle East has received global attention from crypto enthusiasts in recent years. This is due to numerous reasons. First, the Middle East has emerged as a significant player in the global cryptocurrency space with…
With the emergence of cryptocurrencies, a new age of financial innovation began. Consumers and investors alike quickly embraced digital currencies. Governments worldwide seek methods to regulate cryptocurrencies as they develop from speculative investments to a…
According to recent data, the Middle East and North Africa (MENA) region has had the highest cryptocurrency adoption rate compared to other regions in the past year. The 2022 Geography of Cryptocurrency Report by Chainalysis…
Bahrain and Abu Dhabi are competing to establish themselves as the top crypto hub in the Gulf. Cryptocurrencies are decentralized digital currencies that make use of blockchain ledgers. Both have created cryptocurrency regulatory frameworks, accredited…
The Gulf region is predicted to emerge as a global capital for the crypto industry in the next five years, with the best entrepreneurs, venture capitals and developer communities converging to build and scale globally…
In a rapidly adopting cryptocurrency world, many Muslims wonder if it’s compatible with their faith. For Muslims, the principles of Shariah law dictate that interest-based transactions are forbidden. This has led many to question: is…
More cryptocurrency projects have begun operations in non-US territories, including the Middle East, Asia and Africa. Recently, Bitget, a Seychelles-based crypto exchange, has shown interest in the Asian Web3 cryptocurrency scene. The exchange’s $100 million…