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MENA

UAE leads as Middle East embraces digital assets
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8 October, 2024

UAE leads as Middle East embraces digital assets

Chainalysis found that the UAE recorded 42% YoY growth, receiving $30 billion in digital assets in the year ending June...
WEF offers steps for MENA to forge ‘intelligent economies’
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30 August, 2024

WEF offers steps for MENA to forge ‘intelligent economies’

MENA only has 18% of intra-regional trade, and tech innovation is in silos, suggesting to integrate AI, IoT, and blockchain...
Kraken shuts down Abu Dhabi office less than a year after launch
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6 February, 2023

Kraken shuts down Abu Dhabi office less than a year after launch

Kraken also laid off some employees in the MENA region and suspended AED but maintains that clients in the region...
UAE attracts blockchain firms in Asia, Europe with financing and residency
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24 October, 2022

UAE attracts blockchain firms in Asia, Europe with financing and residency

The kingdom of United Arab Emirates has set up an ambitious goal to become a global blockchain hub, searching for...
Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis
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10 October, 2022

Middle East, North Africa record the highest growth in virtual assets adoption in 2022: Chainalysis

The MENA region processed digital asset trade worth nearly $600 million in a 12-month window, according to a Chainalysis report.
Morocco is scrapping its ban on digital currency as adoption soars
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8 July, 2022

Morocco is scrapping its ban on digital currency as adoption soars

Morocco banned digital assets back in 2017, but the locals have continued to explore Bitcoin, and today, only Nigeria, South...
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