CBDCs
Israel joins global CBDC discussions with digital shekel proposal
The Bank of Israel is exploring a multipurpose digital shekel amid ongoing public consultations and technical trials.
Assad Jafri 3 min read Middle East News
Regional policy, exchange hubs, tokenization, and sovereign initiatives across the Middle East.
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Assad Jafri 3 min read 
Adoption
Crypto becomes lifeline for Iran and Russia amid Western sanctions – Chainalysis
Sanctioned states like Iran and Russia increasingly turn to digital assets as geopolitical tensions escalate and financial restrictions tighten.
Adoption
Abu Dhabi invests $437M in Bitcoin ETFs, Wisconsin doubles its holdings
Abu Dhabi added IBIT shares to its $302 billion in assets under management, while SWIB surpassed $320M in BTC exposure.
More Middle East Crypto News & Analysis
Exchanges
HashKey expands global footprint with Dubai virtual asset license approval
HashKey's approval from Dubai authorities marks its latest achievement in becoming a global digital asset leader.
Adoption
Jordan turns to blockchain tech for enhancing government operations
New policy aims to boost transparency, improve services, and build skilled workforce in blockchain sector.
Crypto
Syrian research explores Bitcoin legislation to stabilize currency amid challenges
The SCER proposes Bitcoin integration to combat economic struggles and enhance currency stability in Syria, despite sanctions and limited crypto adoption.
Adoption
Coinbase taps Chainlink to boost institutional crypto adoption in Abu Dhabi
Chainlink's Cross-Chain Protocol offers secure and compliant solutions for Project Diamond's institutional user base.
Stablecoins
Tether’s USDT stablecoin integrates into Abu Dhabi’s financial ecosystem
Tether's landmark recognition in the UAE underscores the growing global influence of stablecoins within regulated financial ecosystems.
CBDCs
Irani central bank eyes CBDC, fintech progress to combat sanctions
Iran's digital rial will leverage Shetab network for rapid transactions, boosting the nation's modern banking status within the region.
Latest Middle East Crypto News Headlines
Adoption
Russia proposes digital asset investment platform for developing markets
TradFi
Tether’s trade finance division funds first oil deal via USDT
CBDCs
BIS cuts ties with controversial CBDC project mBridge, citing project maturity
Hacks