CBDCs
Iran to launch CBDC on Sept. 22
The digital currency — dubbed "Crypto-Rial" — will leverage blockchain technology to turn the Iranian Rial banknotes into cryptocurrency.
Christian Nwobodo 2 min read
Middle East News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Web3
W3E to host world’s first web3 esports tournament this November in Istanbul
W3E will welcome gamers worldwide on Nov. 17 at Istanbul Blockchain Week for the world's first Web3 e-sport tournament.
Adoption
Valkyrie raises $73.6M for crypto-focused trusts
Valkyrie's Tron Trust and Avalanche Trust adds new capital on top of the firm's $1.2 billion in Assets Under Management at the close of the second quarter.
Latest Middle East Crypto News & Analysis
Taxes
German crypto tax policy one of the best in the world – Coincub report
German residents are not required to pay capital gains tax on crypto assets held for over a year.
Research
Crypto mining malware impersonates Google translate desktop, other legitimate apps
Cyber threat intelligence firm, Check Point Research identified Nitrokod as a crypto miner malware that has infected thousands of PCs across 11 countries.
Scams
Thodex founder arrested in Albania
Thodex founder Fatih Özer was arrested in Albania on Aug. 31 and is set to be deported back to Turkey.
Regulation
Iran implements rules allowing businesses to use crypto for import trade transactions
Iran will allow any local business that imports goods to pay for their transactions via cryptocurrency in lieu of the dollar or euro.
Exchanges
Virtuzone, Binance enter partnership to foster UAE crypto adoption
Binance and Virtuezone's partnership will help reduce payment barriers startups face when working to set up their businesses in the UAE.
Adoption
Iran pays for $10M import order with crypto, plans to make it ‘widespread’ by Q4
Iran is finalizing plans to allow a large-scale adoption of cryptocurrencies for international settlement.
More Middle East Crypto News Headlines
Regulation
UAE introduces new reporting requirements to counter crypto real estate money laundering
Adoption
Istanbul Blockchain Week founder Erhan Korhaliller discusses why Turkey is one of the hottest places for crypto
Exchanges
BitOasis joins layoff spree, firing 5% of staff
CBDCs
