Regulation
Ripple pegs SEC lawsuit costs at $200M; plans Dubai expansion
CEO Brad Garlinghouse commented on his firm's attempts to find favorable regulation.
Mike Dalton 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
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).
Latest Middle East Crypto News & Analysis
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Dubai authorities sent written reprimand to OPNX Exchange founders
The reprimand was sent to five people, including founders of defunct hedge fund Three Arrows Capital and OPNX, Kyle Davies and Su Zhu.
CBDCs
Israel reveals potential scenarios that could lead to CBDC issuance
The Bank of Israel said it could issue a CBDC if developed countries like the United States were to issue their own digital currency
Deals
Revault Network acquired by Mati Greenspan’s Quantum Economics
Revault allows users to find DeFi vaults with the highest return at any given time.
Crime
Israeli duo found guilty of large NFT tax evasion scheme worth $2.2M
The two were said to have made money from a sale of an NFT based on a 3D scan of the Western Wall, on of Jerusalem's holiest sites.
Regulation
UAE to create exclusive free zone for digital, virtual asset companies
The Emirate of Ras Al Khaimah will establish a specialized economic 'free zone' for companies dealing with digital and virtual assets.
Adoption
Former Binance executive aims to raise $100M to start crypto adoption focused VC
Bill Qian told Bloomberg he hopes Cypher Capital will focus on nurturing crypto startups across web3 and internet of things.
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The Sandbox gains 30% following mysterious Saudia Arabia partnership
Regulation
