Egypt is considering legislation that would let the central bank issue licenses for cryptocurrency-related activities.
National Bank of Kuwait has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers.
Abu Dhabi-based money transmitter UAE Exchange is working with Ripple to launch blockchain remittances to Asia early next year.
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's markets regulator is considering drawing up a supervisory framework for cryptocurrency exchange operations.
Kuwait's Ministry of Finance has reportedly said it does not recognize bitcoin, and that financial institutions may not trade the cryptocurrency.
The Dubai Land Department is framing a new real estate blockchain as a way to build investor confidence and add conveniences for tenants.
Bahrain-based Arab Banking Corporation, also known as Bank ABC, has revealed it is joining the R3 distributed ledger consortium.
A UAE-based public blockchain startup has received $817,000 in funding from a private investor.
A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.