Announcements

Bahrain’s Rain Management, the first licensed crypto-asset service provider in the Middle East, announced the appointment of Talal Al Zain as the newest board member. Bringing over 35 years of experience in banking and financial services internationally, his wealth of knowledge in international finance has asserted him as a business leader throughout the region. Commenting…

Binance, the world’s biggest crypto exchange, revealed Thursday that it will gain the excess extraordinary shares of Swipe, a prominent crypto Visa card supplier. As a result, users of Binance will obtain the ability to spend their coins in more than 70 million areas worldwide.   On July 6, 2020, Binance initially reported acquiring a…

Simba Storage, the first token in the world released for Satoshi Bitcoin, receives a crypto storage license from DMCC, the UAE’s free economic zone. The project is a partner of TRES OTC DMCC, which received the first cryptocurrency trading license in Dubai. Following in the footsteps of a partner company, Simba Storage, based in Switzerland,…

iBLOXX Proprietary Trading DMCC, a fintech trading firm based in Dubai, announced last week that they had been granted the License for Proprietary Trading in Crypto Commodities by Dubai Multi Commodities Center. iBLOXX designs AI and Machine Learning algorithms to manage active trading models for various instruments across traditional and crypto commodity markets. “This license…

ColossalBit, Dubai’s crypto consulting, advisory, design, and development company, launches MetaTerrace, a lounge restaurant in the Central Park Towers, Dubai International Financial Centre (DIFC). MetaTerrace is a unique establishment, which is mixing the digital and physical worlds, portraying the principle of the metaverse. Gulf Digital News announced that the launch of the ultra-modern space at…

Bezoge, the community-run, decentralized coin boasting its own play-to-earn GameFi metaverse, sponsored the 12th edition of the Dubai Globe Soccer Awards, the premier football event celebrating the world-leading soccer stars, on December 27. Held annually in Dubai with a TV audience estimated at over 500 million, the Globe Soccer Awards bestow champion footballing heroes heralded…