Middle East

UAE is betting big on block reward mining: report
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12 July, 2023

UAE is betting big on block reward mining: report

The United Arab Emirates reportedly accounts for 4% of the global BTC hash rate, with Abu Dhabi leading the emirates...
Dubai VARA releases schedule of fees for digital asset-related activities
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4 July, 2023

Dubai VARA releases schedule of fees for digital asset-related activities

Proprietary traders of digital currencies looking to operate in Dubai will be required to possess a no-objection certificate (NOC), according...
OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit
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19 June, 2023

OKX receives ‘preparatory’ license from Dubai’s VARA after Canada exit

The Dubai Virtual Assets Regulatory Authority license lays the foundation for OKX to obtain a full-scale license in the coming...
Like Hong Kong, UAE wants to become digital currency capital of the world too
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17 June, 2023

Like Hong Kong, UAE wants to become digital currency capital of the world too

The ambitious plan will see the United Arab Emirates moving 50% of all government transactions to the blockchain, a clear...
Standard Chartered launches digital currency custody services in Dubai
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19 May, 2023

Standard Chartered launches digital currency custody services in Dubai

Standard Chartered's latest plans were contained in an MoU signed with the Dubai International Financial Centre that will see a...
Marathon to launch Middle East’s first large-scale BTC mining operation
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11 May, 2023

Marathon to launch Middle East’s first large-scale BTC mining operation

First announced in January, the operation is a joint venture between Marathon and Zero Two, a Web3 company launched in...
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