First regulated virtual assets trading platform launches in Abu Dhabi

    The first virtual assets trading platform that is fully compliant with the Abu Dhabi Global Market (ADGM) virtual asset policy framework announced to be launched, as a result of the Emirates Blockchain Strategy launched in the UAE in 2018, which aims to transform 50% of government transactions into the blockchain platform by the end of…

    Rising Crypto Capital

    Why all eyes are turning to MENA for blockchain and digital asset innovation, Mohammad Raafi Hossain, CEO & Co-Founder of Fasset, writes on Nasdaq.com. The West is often seen as the de facto capital for global technology, far overshadowing emerging regions such as the Middle East and North Africa (MENA). As the MENA region leapfrogs…

    Shark Tank investor Kevin O’Leary says he’s bullish on crypto

    Celebrity investor Kevin O’Leary expects a “trillion dollars” more to flow into Bitcoin in the next couple of years. He wants to more than double his cryptocurrency holdings from 3% of his portfolio to 7% by the end-2021. O’Leary also sees cryptocurrencies becoming an institutional asset class. The “Shark Tank” star Kevin O’Leary talked about…

    Why are regulators so concerned about stablecoins?

    As Reuters reported Friday, citing three unnamed sources, the US Treasury Department met with a number of industry players this week to discuss the risks and benefits posed by stablecoins – a fast-growing type of cryptocurrencies whose value is tied to traditional currencies. But why are regulators so interested in them? With a market cap…

    Bahrain’s multimillion-dollar data hub to boost digital transformation of the Arab world

    A new tremendous data center is set to be built in the Kingdom of Bahrain. The multimillion-dollar main hub in Bahrain will serve all member states of the Arab League, promoting collective digital transformation across the Arab world. On Sept. 1, The Arab League’s Arab Federation for Digital Economy (AFDE) signed a memorandum of understanding…

    What is Solana?

    Ethereum has some competition. What you need to know about the skyrocketing cryptocurrency writes Stan Schroeder on Mashable. Solana, a cryptocurrency that launched to relatively little fanfare in April 2020, has recently been on a tear. Its price rose from roughly $1.50 in January 2021 to more than $208 at writing time, making it the…