Tag: Bahrain

MetaVSummit in Dubai MetaVSummit, the largest Web 3 & Metaverse event for investors and founders, will be held in Dubai, UAE, on Sep. 14-15, 2022. The event has up to 1000 delegates who could meet under one roof in The Ritz Carlton, DIFC, looking to strategically partner with the top Crypto, NFT & Metaverse companies…

Hazam (HZM), the Arabic cryptocurrency project from Bahrain, has signed a strategic partnership with ChicMic, one of India’s leading software development companies, to launch its own metaverse world and Web3-based communication applications. HZM, one of the first Arab cryptocurrencies founded by Bahrainis, partnered with ChicMic to be its technological arm. ChicMic will oversee the completion,…

Rain Financial Inc., a Bahrain-based crypto exchange, has said they will lay off over a dozen employees as crypto markets remain red. The move follows news of workforce reductions at a number of exchanges in the US and worldwide. Coinbase-backed Rain Financial, a major crypto exchange based in Bahrain, has laid off dozens of employees,…

The Central Bank of Bahrain (CBB) has granted Binance, the largest global crypto exchange, a Category 4 license to operate as a crypto-asset service provider (CASP). The license allows it to offer a full-suite of crypto exchange services in Bahrain. Meanwhile, Binance will also be aiding Kazakhstan in the creation of a regional blockchain hub….

Beyon Money cardholders in Bahrain now will earn 3% to 5% cashback for using their cards to deposit into their crypto wallets on CoinMENA. CoinMENA and Beyon Money’s partnership will further solidify Bahrain’s position as a leading crypto hub in the Middle East. CoinMENA has partnered with Beyon Money, a financial service app powered by…

Areije Al Shakar, the senior vice president at Bahrain Development Bank & director at Al Waha Venture Capital Fund of Funds, revealed her thoughts on Wamda. Banks and financial regulators in the Middle East have been slower to embrace cryptocurrency than Europe and the US. Before the pandemic, the Middle East’s crypto market was still…