Crypto Exchange With No Trading Fees to Launch in Middle East
Announced on Thursday, the Fasset Exchange (FEX) is open for private beta enrollment and is planning a public launch later this year.
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Sep 24, 2020 at 5:36 p.m. UTC
Sep 24, 2020
Saudi Arabia
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Saudi Arabia Pitches Blockchain-Based Business Passport to Boost Trade Finance
The passport would help businesses cut through redundant red tape and flourish across borders, Saudis said.
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Sep 3, 2020 at 4:26 p.m. UTC
Sep 3, 2020
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What the Stock Market's 'Robinhood Rally' Means for Bitcoin
The largest 50-day rally in stock market history and even shares of bankrupt companies are up more than 100%. What is going on?
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Jun 9, 2020 at 7:35 p.m. UTC
Jun 9, 2020
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Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.
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Mar 13, 2020 at 8:15 p.m. UTC
Mar 13, 2020
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Why Energy Experts Are Watching Crypto as Oil Wars Emerge
Energy experts say incumbents are complacent about the dominance of the U.S. dollar in oil markets while China and Russia may try to force change.
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Mar 11, 2020 at 9:40 p.m. UTC
Mar 11, 2020
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What the Oil Market Says About Bitcoin's 'Safe Haven' Status
“I don’t think any asset is safe right now – except cash, U.S. dollars.”
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Mar 9, 2020 at 9:53 p.m. UTC
Mar 9, 2020
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One of World's Richest Firms Joins Blockchain Trade Platform Vakt After $5M Investment
Oil-giant subsidiary Saudi Aramco Energy Ventures has made a $5 million investment in Vakt, a commodities post-trade processing platform built with blockchain tech.
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Jan 28, 2020 at 10:45 a.m. UTC
Jan 28, 2020
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Ethereum Leaders Are Slowly Courting Persian Gulf Royals and Investors
The Ethereum Foundation and ConsenSys are both working to bring blockchain technology to the Middle East.
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Jul 2, 2019 at 6:45 p.m. UTC
Jul 2, 2019
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Saudi Arabia, UAE Aim to Cut Payments Costs With Common Digital Currency
Saudi Arabia and the United Arab Emirates are hoping a shared digital currency can cut remittance costs between the two countries.
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Jan 29, 2019 at 12:30 p.m. UTC
Jan 29, 2019
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Bitcoin Trading Is Illegal in Saudi Arabia, Warn Watchdogs
A governmental committee comprised of Saudi Arabian regulators has issued a statement warning that cryptocurrency trading is illegal in the kingdom.
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Aug 13, 2018 at 1:00 p.m. UTC
Aug 13, 2018