The DMCC boss is indebted to ‘his father and idol, the Dubai Ruler, for taking a chance with him’ in 2001, when he was 23 years old – a story by Joydeep Sengupta on Khaleej Times. Ahmed bin Sulayem, Executive Chairman and Chief Executive Officer (CEO) of the Dubai Multi Commodities Centre (DMCC), is a…
Top crypto news from the Middle East region over the last week (Oct. 8–14, 2022): DMCC Crypto Centre to get access to $150 million Brinc’s fund Dubai Multi Commodities Centre (DMCC) has partnered with the global VC firm Brinc to provide DMCC Crypto Centre members with access to Brinc’s $150 million accelerator fund. Brinc is…
21Shares announced its physically-backed Bitcoin ETP in the Middle East, with the listing of 21Shares Bitcoin ETP on Nasdaq Dubai. The firm said this is 21Shares’ first entry into the Middle East – one of the world’s fastest-growing crypto markets and a key region on 21Shares’ global roadmap. Listed on Nasdaq Dubai, the 21Shares Bitcoin…
Top crypto news from the Middle East region over the last week (Oct. 1–7, 2022): Future Blockchain Summit: Chainalysis experts to discuss blockchain risks, opportunities, and compliance Chainalysis, the blockchain data platform, announced its plans to participate in the 2022 edition of the Future Blockchain Summit, taking place in Dubai from Oct. 10-14. Through a…
Top crypto news from the Middle East region over the last week (Sept. 24–30, 2022): First metaverse project 2117 launches in the UAE inspired by Dubai ruler’s vision The UAE-based Web3 pioneer BEDU launched the country’s first metaverse project under the name 2117, inspired by the ruler of Dubai Sheikh Mohammed bin Rashid Al-Maktoum’s vision…
British Bitcoin trading desk CoinCorner has partnered with Seed Group, a company owned by Sheikh Saeed bin Ahmed Al Maktoum’s family office, to enter into the Dubai and broader Middle East crypto exchange market. Meanwhile, Binance has secured a license from Dubai’s crypto regulator (VARA) to offer a range of crypto-related services in the city….