How to buy cryptocurrency in the UAE: Guide for beginners in 2021

    If you’re looking to buy cryptocurrency in the UAE – there are dozens of online platforms to choose from, writes Kane Pepi on Economy Watch. The best brokers in this space allow you to buy and sell hundreds of digital assets, support AED deposits, and most importantly – are safe and secure. In this guide,…

    Erdogan versus Bitcoin

    After a sweeping ban on the use of cryptocurrencies this April, Turkish President Recep Erdogan is aiming to assert financial control ahead of launching the digital Lira. Although the central bank is not opposed to using digital currency, Erdogan believes the digital Lira faces conflict with cryptocurrencies. During a national youth meeting with representatives from…

    ECB President Christine Lagarde calls cryptocurrencies ‘suspicious’

    Amid a cryptocurrencies price explosion in 2021, European Central Bank (ECB) president Christine Lagarde argued cryptocurrencies aren’t currencies, which should be treated as “highly speculative” and “suspicious.” Speaking on a Bloomberg podcast, Lagarde said: “I think we have to distinguish between cryptos that are those highly speculative, suspicious occasionally, and high intensity in terms of…

    DeFi to disrupt the current financial system

    Decentralized finance (DeFi) has become a billion-dollar crypto industry, causing a wave of global disruption in financial markets. The benefits of this open, flexible, fast, and transparent ecosystem is describing by Dr. Donald Basile, the CEO of Roman DBDR and Monsoon Blockchain Corporation. Born by the evolution of the crypto space, the DeFi movement is…

    Top 4 most popular crypto exchanges in the Middle East

    The Middle East and North Africa regions are relatively new to discovering crypto trading and blockchain technology, but adoption is underway. It seems that the adoption of these technologies by companies and the public in both the Middle East and North African regions is growing exponentially, especially with the acceptance of digital money trading and…

    Major cryptocurrencies sink over 10% as market braces for the macro storm from China

    Investors unnerved by the financial strains of a Chinese real estate firm sent cryptocurrencies reeling on Monday, with Bitcoin and other coins tumbling by more than 10%. Although the ultra-scarce cryptocurrency is claimed to be a hedge against catastrophic economic events, there is no telling how the volatile asset could react when it does finally…