Derivatives
Middle East tension causes massive crypto market shakeup, $489 million liquidated
Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.
Gino Matos 2 min read
Middle East News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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People
Vitalik Buterin defends Polymarket’s controversial Hezbollah prediction markets
Buterin warned against situations where market acts as a primary incentive for harmful actions.
Regulation
UAE regulatory approval bolsters Ripple’s quest to rival SWIFT in cross-border payments
Ripple's approval by Dubai Financial Services Authority enhances its global reach and bolsters its businesses.
Latest Middle East Crypto News & Analysis
Adoption
UAE introduces strict crypto marketing guidelines to curb risks
The new rules, effective Oct. 1, will require companies to provide clear warnings about the risks associated with digital currencies.
Adoption
UAE’s clear regulations have fostered a balanced, diversified crypto ecosystem – Chainalysis
With the establishment of Dubai's VARA in 2022, UAE has snagged the global spotlight, attracting crypto businesses and talents.
Exchanges
Bybit unveils first Shariah-compliant Islamic crypto account
The move comes as the exchange expanded its operations in Turkey.
Regulation
Qatar launches digital assets framework to attract global firms
QFC's 2024 digital assets framework promises regulatory clarity and innovation.
Stablecoins
Emerging markets embrace stablecoins despite significant premiums
Stablecoins have become essential for financial transactions, especially in regions where local currencies remain unstable or where access to traditional US dollars remains limited.
Stablecoins
Tether expands fiat portfolio with new UAE Dirham stablecoin
Tether's move comes as UAE stepped up its regulatory effort for fiat-pegged digital assets.
More Middle East Crypto News Headlines
Investments
Gate Ventures partners with Abu Dhabi Blockchain Center for $100 million Web3 fund
Adoption
Dubai approves crypto salaries in landmark court ruling
Tokenization
Ripple and Dubai’s DIFC to catalyze blockchain tech expansion in the region
Adoption
