Browsing the "Middle East" Tag

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.

shoes, baby

Blockchain and the Birth of a New Financial Instrument

| Noelle Acheson

A less-hyped blockchain trial in the Middle East could come to have a big impact on banking.

UAE’s Emirates Islamic Bank Launches Blockchain Check Service

| Stan Higgins

A trial that examines how blockchain could play a role in paper check management is moving forward at Emirates NBD.

dubai, green

BitOasis Expands Credit Card Bitcoin Buying to 5 New Countries

| Pete Rizzo

Dubai-based bitcoin startup BitOasis is expanding its presence outside the UAE with a new announcement.