Gulf Crypto Insight: Hot crypto news from the MENA region – November 18

    Top crypto news from the Middle East region over the last week (Nov. 11 –17, 2022): UAE regulator adopts blockchain to speed up commercial judgments A judicial authority established by the United Arab Emirates (UAE) Federal Decree has adopted blockchain technology to save time and costs related to the enforcement of commercial judgments. ADGM Courts,…

    Gulf Crypto Insight: Hot crypto news from the MENA region – November 11

    Top crypto news from the Middle East region over the last week (Nov. 4 –10, 2022): Middle East, Asia, and Africa blockchain association launches in Abu Dhabi A new blockchain, the cryptocurrency-focused association has been established within Abu Dhabi’s free economic zone, with the goal of advancing the development of blockchain and cryptocurrency ecosystems throughout…

    Gulf Crypto Insight: Hot crypto news from the MENA region – November 4

    Top crypto news from the Middle East region over the last week (Oct. 29 – Nov. 4, 2022): Visa announces World Cup NFT auction In partnership with the exchange giant Crypto.com, payments giant Visa has launched a new NFT initiative dubbed “Visa Masters of Movement” to celebrate the FIFA World Cup 2022 in Qatar. The…

    Swiss bank UBS launches digital bond for blockchain and traditional exchanges

    Swiss investment bank UBS AG introduced its digital bond, claiming to be the world’s first publicly traded bond settled on both blockchain-based and traditional exchanges. The bond will be issued on the blockchain platform of SIX Digital Exchange (SDX), not requiring a central clearing counterparty. Issuing the blockchain-based bond will probably encourage more banks to…

    Cryptocurrency’s transparency lays bare the risks of decentralized finance

    As blockchain technology and cryptocurrencies become more popular, they can help overcome financial bias, strengthen financial markets and enhance law enforcement, Bas Lemmens, SVP & GM International, Chainalysis, explains in an interview with ZAWYA. In the popular mind, the blockchain and cryptocurrencies are often linked with ransomware and money laundering. But according to Bas Lemmens,…

    Israel launches trials of its tokenized digital state bonds

    Israel’s Ministry of Finance and the Tel Aviv Stock Exchange (TASE) are preparing to issue a blockchain-based digital state bond. In partnership with Fireblocks and VMWare, they are set to perform live testing of a new platform soon. The Israeli government and TASE are partnering with digital asset infrastructure firms Fireblocks and VMWare to perform…