Browsing the "Middle East" Tag

bahrain, money

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East

| William Foxley

BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank

Egypt Lifts Ban, Will Allow Licensed Cryptocurrency Companies

| John Biggs

Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.

National Bank of Kuwait Taps Ripple for New Remittance Service

| Yogita Khatri

National Bank of Kuwait has joined Rippleā€™s blockchain-based payments network seeking faster cross-border money transfers.

UAE Remittance Firm Launching Ripple-Based Payments in Q1 2019

| Yogita Khatri

Abu Dhabi-based money transmitter UAE Exchange is working with Ripple to launch blockchain remittances to Asia early next year.

bahrain, sunrise

Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019

| Leigh Cuen

After a year in the Central Bank of Bahrain's regulatory sandbox, Rain Financial is gearing up to offer crypto on-ramps from all regional currencies.

Abu Dhabi Markets Watchdog Mulls Crypto Exchange Regulations

| Wolfie Zhao

Abu Dhabi's markets regulator is considering drawing up a supervisory framework for cryptocurrency exchange operations.

Kuwait’s Ministry of Finance Says It Does Not Recognize Bitcoin

| Sujha Sundararajan

Kuwait's Ministry of Finance has reportedly said it does not recognize bitcoin, and that financial institutions may not trade the cryptocurrency.

dubai, skyscraper

Dubai Land Department Launches Blockchain Real Estate Initiative

| Marc Hochstein

The Dubai Land Department is framing a new real estate blockchain as a way to build investor confidence and add conveniences for tenants.

Bahrain’s Bank ABC Joins R3 Distributed Ledger Consortium

| Wolfie Zhao

Bahrain-based Arab Banking Corporation, also known as Bank ABC, has revealed it is joining the R3 distributed ledger consortium.

dubai, accelerators

Blockchain Startup ArabianChain Nets $817k from New Investor

| Wolfie Zhao

A UAE-based public blockchain startup has received $817,000 in funding from a private investor.