
Middle East
Saudi Arabia, UAE compete to buy Nvidia’s chip as global AI race heats up
Saudi Arabia and the United Arab Emirates are investing millions in the AI race purchasing breakthrough chips to build advanced...
UAE leverages blockchain to launch national carbon credit system ahead of COP28
UAE’s MoCCAE, Industrial Innovation Group, and Venom Foundation will lead the carbon credits on the blockchain, improving the issuance and...
Oman moves closer to finalizing digital asset framework
The CMA is urging feedback from the public until August 17 about the proposed digital asset framework centered on regulating...
Hong Kong, Saudi Arabia team up for tokenization and payments research
The Hong Kong and Saudi Arabia central banks signed an MoU to study financial innovation to benefit their local economies,...
Kuwait issues blanket ban on digital currency transactions
The digital currency transaction ban is the government’s latest attempt to crack down on money laundering rings operating in Kuwait.
BitOasis license in Dubai suspended over non-compliance
Dubai's VARA announced on July 10 that the conditional license issued to BitOasis will remain "non-operational" until the exchange regularizes...
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