National Bank of Kuwait Taps Ripple for New Remittance Service
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East.
The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers.
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.