Adoption
Young Arabs are more ‘bullish’ on crypto investments than Westerners
UAE investors were more upbeat on the future of the broader crypto market than Western expats, a survey found.
Shaurya Malwa 2 min read
Middle East News
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Payments
Nuvei to acquire crypto payments processor Simplex for $250 million
The acquisition would allow Canadian payments company Nuvei to issue crypto banking accounts and Visa cards.
Regulation
Turkey considers crypto regulation following the collapse of two exchanges
Two alleged "exit scams" in just one week prompted the Turkish government to address the issues of crypto regulation.
Latest Middle East Crypto News & Analysis
Legal
62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’
Turkish police launched an investigation after one of the largest crypto exchanges in the country went dark.
Trading
A $1.45 billion Bitcoin fund is soon listing on NASDAQ Dubai
3IQ's rapidly-growing Bitcoin Fund turns its sights to the Middle East.
Adoption
Bitcoin Google searches spike 5x in Turkey, while the Lira falls 15%
The currency tumbled this morning, following a backlash from investors after President Erdogan fired the central bank governor.
Exchanges
Social trading platform eToro to go public via $10 billion SPAC IPO
The combined company’s estimated valuation is currently $10.4 billion.
Investments
Major Dubai crypto fund to sell $750M worth of BTC to buy Cardano and Polkadot
FD7 Ventures, a Dubai-based crypto investment fund with $1 billion under management, has announced plans to sell off $750 million worth of their Bitcoin…
Hacks
Iranian hackers use cryptojacker to bypass sanctions, says report
Cybersecurity firm SophosLabs has traced MrbMiner, a new cryptojacking virus that primarily targets powerful database servers, back to a small software company in Iran,…
More Middle East Crypto News Headlines
Technology
Crypto and stocks broker eToro becomes $2.5 billion ‘unicorn’
Adoption
This country will now buy state-mined Bitcoin to fund imports
Scams
Rolls-Royce, Gucci-flaunting scammers caught after FBI analyzes Bitcoin trail
Adoption