Places Middle East

Crypto.com and Bybit have become the latest crypto firms to secure approval for full scale operations in the UAE.

At Turkey's Forum Metaverse, President Erdoğan and the Minister of Education announced the plan to implement the metaverse into the education system.

Bank Leumi’s customers would be able to use Pepper Invest to trade Bitcoin and Ethereum.

FTX Europe became the first approved virtual asset exchange to offer complex crypto derivatives dedicated to professional institutional investors within the highly regarded international jurisdiction.

Crypto exchange Binance is in discussions with Dubai World Trade Centre free zone for a virtual asset service provider license to operate in Dubai. A favorable ruling would further bolster its presence in the Middle East.

The Israeli company behind StarkWare, developers of Ethereum ZK-rollup technology, is finishing a funding round of at least $100 million, at a $6 billion valuation.

The Emirate announced the enactment of The Dubai Virtual Asset Regulation Law, under which it will establish a new regulatory authority to oversee the virtual asset industry, which includes crypto and NFTs.

Recent falling in the value of Turkish lira made to the global crypto news as a “motivator towards crypto for Turkish residents." However, Turkey got the crypto bug way earlier. An exhilarating growth was seen since then, and this is just the beginning.

MetaMask shoots itself in the foot by blocking "certain jurisdictions," a dig deeper reveals the Ethereum ecosystem is in bed with JPMorgan.

The wallet standing at the frontier of Web3 is not as decentralized as it wants you to believe.

Crypto trading volumes using the lira reached a 15-month high as Turks race to get rid of their national currency.

Settling foreign trade payments with the CBI platform in cryptocurrency has just become easier for businesses in Iran.

CZ is becoming a fixture in the UAE and wants to bring Binance into the country's booming crypto scene.

Inflation in Turkey has risen to as high as 36% as Lira lost 44% of its value to the US Dollar.

The Dubai World Trade Centre Authority sets out to become a “comprehensive zone and regulator for virtual assets and crypto.”

With the new initiative, the United Arab Emirates (UAE) continue ranking high on the list of crypto-friendly jurisdictions. 

Coinbase solidifies its presence in Israel by acquiring a cryptographic security company Unbound Security while establishing a new research facility in the nation.

The government of Israel is tightening regulations surrounding crypto amidst concerns related to money laundering and terror financing.