Crime
Israeli authorities redirects frozen Hamas cryptocurrency funding to state treasury
Israeli authorities are clamping down on the Hamas group funding in response to the recent attack it suffered.
Oluwapelumi Adejumo 1 min read
Middle East Crypto News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Top Middle East Stories
Crime
Thodex founder handed over 460 life sentences in prison for massive Turkish crypto scandal
Fatih Özer has maintained his innocence despite his heavy prison sentence.
Adoption
More than half of Turkey has turned to crypto amid rapid currency devaluation – KuCoin report
The survey was conducted in May 2023 and found that found that 52% of Turkish adults aged 18 to 60 have invested in cryptocurrencies, a 12% increase from 40% in November 2021.
Latest Middle East Crypto News & Analysis
Crime
Israeli Police recommend charges against businessman Moshe Hogeg as global crackdown on crypto scams rages on
Efforts from law enforcement communities worldwide are resulting in widespread charges against scammers and bad actors.
Bankruptcy
Bankrupt FTX seeks court approval to liquidate solvent Dubai subsidiary
FTX Dubai holds approximately $4.5 million in several accounts, according to court filings.
Regulation
Dubai expands crypto licenses, granting approval to Nomura
Dubai boosts crypto industry by granting full license to Nomura's subsidiary, reinventing the city as a global crypto hub.
Regulation
Binance secures first operational license in Dubai amid regulatory hurdles in Europe.
First digital asset VARA license granted to a crypto exchange in Dubai issued to Binance.
Regulation
Dubai’s virtual assets regulator suspends critical license for crypto exchange BitOasis citing regulatory non-compliance
Regulators have published a market alert concerning the exchange's MVP license.
Adoption
Israeli crypto bill aims to clarify regulations and attract foreign investors with new tax incentives
The bill includes language that would reduce the current 50% tax on crypto bonuses given to employees to 25%.
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Mining
