Gulf Crypto Insight: Hot crypto news from the MENA region – August 10

    Blockchain Economy Summit: Dubai to host the world’s largest blockchain and crypto event in October The world’s largest blockchain and crypto conference network, Blockchain Economy Summit, has just closed the previous chapter in Istanbul,  Türkiye, with more than 3,000 participants from 82 countries all over the world. The next edition of the world’s flagship blockchain…

    NFT marketplace OasisX is preparing to launch in the UAE

    OasisX, a multichain curated NFT marketplace and creator studio, has set up its base in Dubai Multi Commodities Centre (DMCC) in the UAE and will be launched in the next few weeks. OasisX has already onboarded about 100 artists and multiple local brands in the MENA region. “We are building the tech foundation and frontier…

    Chaintech joins DBCC in Dubai to foster blockchain technology in the Gulf countries

    The Dubai Blockchain Centre and Chaintech joined efforts to foster long-term blockchain technology research and development for enterprises and governments in the Gulf region, using private blockchains, smart contracts, and tokens. The Dubai Blockchain Centre (DBCC), a training and consulting Blockchain firm in UAE, and Chaintech Labs Ltd (CTL), a blockchain research and development house…

    FTX obtains full approval to operate in Dubai with a crypto license from VARA

    FTX, a Bahamas-based crypto exchange, has received approval to operate as an exchange and clearinghouse in Dubai. The company will build a headquarters in Dubai through a subsidiary. Also, FTX subsidiary operating in Europe and the Middle East will facilitate product offerings in the region. According to a report by Reuters, FTX will begin offering…

    Dubai Police to roll out new NFT collection by GITEX 2022

    The Dubai Police announced that it plans to roll out the 2nd edition of its NFT collection during the Gulf Information Technology Expo (GITEX) 2022, which will be held between 10-14 October 2022. In this edition, the force will give out 150 free NFTs in a raffle draw, while about 23 million people showed interest…

    Dubai officially launches its Metaverse Strategy

    Dubai Metaverse Strategy has been officially launched, aiming to create more than 40,000 new jobs and 4,000 new companies in the sector. There are currently 1,000 companies in Dubai engaged in the crypto and metaverse sector, contributing $500 million to the national economy. On July 18, The Crown Prince of Dubai and Chairman of the…