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Middle East

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership
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11 February, 2023

Metaverse gets a boost in Saudi Arabia with The Sandbox partnership

The memorandum of agreement was signed at the Leap Tech Conference 2023 in Riyadh between The Sandbox metaverse firm and...
Dubai releases full market regulations for virtual assets service providers
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9 February, 2023

Dubai releases full market regulations for virtual assets service providers

Under the Full Market Product Regulations, all entities looking to offer virtual currency services in Dubai must obtain a license...
BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility
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3 February, 2023

BTC miner Marathon Digital to launch $400M Abu Dhabi mining facility

Marathon partnered with FS Innovation on the project, which it estimates will produce 250 MW of energy as it strives...
Saudi Arabia’s central bank studying CBDC but mum on deployment date
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28 January, 2023

Saudi Arabia’s central bank studying CBDC but mum on deployment date

Saudi's central bank noted that the early stages of the state-backed digital currency experiments would involve reviewing the legal implications...
UAE expects digital assets to ‘play a major role’ in international trade
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26 January, 2023

UAE expects digital assets to ‘play a major role’ in international trade

UAE's Minister of State for Foreign Trade said that the country would be pivoting to digital assets in 2023 after...
Dr. Eva Porras on Blockchain DXB podcast: SmartLedger uses blockchain tech to solve business problems
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25 January, 2023

Dr. Eva Porras on Blockchain DXB podcast: SmartLedger uses blockchain tech to solve business problems

SmartLedger's Dr. Eva Porras recounts with Blockchain DXB the SmartLedger team's decision to move to Dubai, the story behind the...
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