Places Middle East

Crypto long positions endure cascading liquidations for the past 24 hours as Iran launches an air strike against Israel.

Buterin warned against situations where market acts as a primary incentive for harmful actions.

Ripple's approval by Dubai Financial Services Authority enhances its global reach and bolsters its businesses.

The new rules, effective Oct. 1, will require companies to provide clear warnings about the risks associated with digital currencies.

With the establishment of Dubai's VARA in 2022, UAE has snagged the global spotlight, attracting crypto businesses and talents.

The move comes as the exchange expanded its operations in Turkey.

QFC's 2024 digital assets framework promises regulatory clarity and innovation.

Stablecoins have become essential for financial transactions, especially in regions where local currencies remain unstable or where access to traditional US dollars remains limited.

Tether's move comes as UAE stepped up its regulatory effort for fiat-pegged digital assets.

The Falcon Gate fund reflects UAE's ambition to become a top crypto hub.

The decision contrasts sharply with a similar case in 2023, in which the same court dismissed a claim involving EcoWatt tokens.

Ripple is also considering setting up a XRPL Foundation to boost the blockchain network growth.

The initiative seeks to bolster collaboration between government entities and the logistics industry.

UAE's first digital bank Zand partners with Swiss firm Taurus to offer crypto services.

Tether EDU and BTguru join forces to enhance blockchain education in Turkey.

Siu revealed that the company is evaluating potential listing locations, with Hong Kong and the Middle East emerging as key contenders.

Irani officials have raised concerns over a new web3 "tap-to-earn" game called Hamster Kombat that has gripped the local populace amid deteriorating economic conditions.

The digital rial will bypass paper bills, card transactions, and interbank settlement.