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.
Mike Dalton 2 min read
Middle East News
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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%.
Analysis
Global regulatory developments are literally reshaping the crypto world
Governments across the globe are catching up cryptocurrency innovation as they work to establish regulations that will shape the industry's physical and geographical presence.
Latest Middle East Crypto News & Analysis
Regulation
Asia is a ‘huge area of focus’ for Circle, especially Hong Kong: CEO Jeremy Allaire
Allaire said that the developments in Hong Kong might reflect how the crypto market grows in Greater China.
Adoption
Crypto ownership in Turkey, Argentina and Philippines surges as inflation skyrockets
Uncover the connection between high inflation and increased crypto ownership rates in Turkey, Argentina, and the Philippines, as citizens seek refuge in digital assets amidst economic turmoil.
Mining
Marathon, Zero Two to launch sustainable mining operation in Abu Dhabi
The operation will have a total energy capacity of 250 MW and a hashrate of 7 EH/s.
Regulation
Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion
CEO Brad Garlinghouse commented on his firm's attempts to find favorable regulation.
Exchanges
Coinbase is considering UAE for its international hub
Coinbase CEO Brian Armstrong praised United Arab Emirate's (UAE) progressive regulatory efforts in the crypto space.
Regulation
Israel seized nearly 200 Binance accounts over terrorism links over two years
The seized accounts reportedly are tied to Hamas and Islamic State (ISIS).
