MENA News
Discover the latest blockchain and crypto news from the MENA region, including updates from Dubai, Abu Dhabi, Bahrain, Qatar, and Oman, covering trends, regulations, and developments shaping the industry
The Abu Dhabi Blockchain Center (ADBC) has announced a strategic partnership with the University of Waterloo to elevate blockchain research, education, and innovation. This collaboration is a pivotal move in fostering talent, advancing research, and unlocking the potential of blockchain technology for practical applications. Abdulla Al Dhaheri, CEO of the Abu Dhabi Blockchain Center, remarked on the importance of this collaboration: “Our partnership with the University of Waterloo combines their…
Read More »Bybit, the world’s second-largest cryptocurrency exchange by trading volume, will take part in the upcoming Bitcoin MENA event, set to be held in Abu Dhabi on December 9-10, 2024. This influential gathering will bring together leaders, investors, and enthusiasts to explore the future of Bitcoin in the Middle East. As part of its ongoing efforts to increase cryptocurrency accessibility in the UAE, Bybit has recently secured a provisional license from…
Read More »The UAE continues to solidify its position as a global leader in digital technology and artificial intelligence, driven by substantial investments in advanced infrastructure and cutting-edge technologies. These efforts have positioned the nation as a model for digital transformation, enhancing its ability to adapt to the latest global technological advancements and fostering innovation. Leading the Digital Transformation The UAE has achieved remarkable milestones in digital transformation, reflected in its top…
Read More »The Abu Dhabi Global Market (ADGM) recently issued Consultation Paper No. 10 of 2024, inviting market participants to provide feedback on proposed amendments to its Financial Services Regulatory Authority (FSRA) guidelines, including updates to virtual asset regulations. Rasma Legal shared detailed insights into the paper with Unlock Blockchain, highlighting key amendments and offering recommendations for future considerations. The proposed amendments include the removal of the FSRA’s requirement to issue warning notices…
Read More »As the UAE continues its ambitious embrace of the digital asset ecosystem, Crystal Intelligence, a leader in blockchain analytics and compliance, has partnered with the Dubai Police, General Department of Criminal Investigation. The two entities have signed a Memorandum of Understanding (MoU) to predict and combat economic crimes, focusing on the fast-evolving digital asset space. This collaboration reflects Dubai’s commitment to staying at the forefront of global blockchain innovation and…
Read More »The Central Bank of Iran is preparing to launch its digital currency, the Digital Rial, as part of a broader initiative to modernize the country’s banking system and strengthen international financial cooperation. Mohammad Reza Farzin, Governor of the Central Bank of Iran, revealed these plans during the 11th Annual Conference on Modern Banking and Payment Systems, as reported by Tasnim News Agency. Source: Iran Daily Farzin described the conference as…
Read More »In the evolving energy landscape, countries with surplus power are rethinking traditional export strategies in favor of new opportunities in the digital economy. Notably, Ethiopia and Oman have shifted toward Bitcoin mining as a profitable way to monetize excess energy. However, with the rising energy demands of AI-driven data centers, a new roadmap is emerging for power producers. This analysis, presented by Unlock Blockchain, delves into why mining offers a…
Read More »The Blockchain Centre in Abu Dhabi has entered into a strategic partnership with Bitcoin MENA to establish the emirate as a leading global hub for digital currencies and assets. This collaboration will launch with the Bitcoin MENA 2024 conference, scheduled for December 9–10, 2024, at the ADNEC Centre in Abu Dhabi. Organized jointly by ADNEC Group and BTC Inc., Bitcoin MENA 2024 will spotlight developments in Bitcoin and focus on…
Read More »RAK Digital Assets Oasis (RAK DAO) recently unveiled its groundbreaking DAO Association Regime (DARe), a legal framework aimed at empowering Decentralized Autonomous Organizations (DAOs) to operate securely within traditional systems. In an exclusive interview with Unlock Blockchain, Luc Froehlich, Chief Commercial Officer at RAK DAO, shared his vision for how DARe bridges the gap between blockchain innovation and real-world application. “DARe is not about selling licenses; it’s about enabling the…
Read More »Tokinvest, a trailblazing marketplace for real-world asset tokenization and provisional VARA Licensed brokerage, has joined forces with SuperWorld to integrate tokenized RWAs into real-world locations through immersive technology. SuperWorld, a virtual platform overlaying the real world, allows users to create personalized “Worlds” that span Earth. Users can add content, share recommendations for places like hotels and restaurants, and monetize their audience’s interactions. With this collaboration, Tokinvest aims to enable investors…
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