Gulf Crypto Insight: Hot crypto news from the MENA region – September 24

    Top crypto news from the Middle East region over the last week (Sept. 17–23, 2022): Islamic finance sector sees growth opportunities in crypto and metaverse New research of IslamicMarkets.com with leading Islamic finance professionals shows growing acceptance of crypto and digital assets and rising interest in the metaverse. Nearly 63% predict the adoption of crypto…

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

    Top crypto news from the Middle East region over the last week (Sept. 11–17, 2022): The 22nd World Blockchain Summit is set for Dubai on Oct. 17-18 The 22nd global edition of the World Blockchain Summit will bring together some of the world’s leading crypto influencers, policymakers, key government delegates, media, family offices, HNIs, and…

    Gulf Crypto Insight: Hot crypto news from the MENA region – September 3

    Future Banks Summit KSA 2022 to reveal the future digital innovations in Saudi Arabia’s banking Following the success of the first two editions of Future Banks Summit (FBS), Verve Management announced the 3rd Edition of Future Banks Summit on 27-28 September 2022 at Riyadh Airport Marriott Hotel, Saudi Arabia. (Source: http://ksa.futurebanksummit.com/ ) Future Banks Summit…

    Amid sanctions, Iran’s government allows to use of crypto for imports

    According to the local news agency Tasnim, Iran is allowing businesses to use crypto for import transactions amid the country’s efforts to circumvent sanctions. The approval for crypto use in imports appears to be part of a broader policy regarding crypto regulations. The new Iran law is allowing the use of crypto in the processing…

    Gulf Crypto Insight: Hot crypto news from the MENA region – August 27

    Dubai regulator issues regulations for virtual assets marketing Dubai’s Virtual Asset Regulatory Authority (VARA) sets market assurance and consumer protection guardrails for the virtual asset sector. On August 25, VARA announced regulatory guidelines on marketing, advertising, and promotions of virtual assets (VA) across Dubai. The regulations cover all forms of outreach, communications, and advertising, including…

    Iran makes its first import worth $10 million in crypto with ‘widespread’ plans

    As Tasnim agency reported Tuesday, citing Alireza Peymanpak, an Iranian official from the Ministry of Industry, Mine, and Trade, the country this week executed its first official order for importing goods via the crypto payment route, worth $10 million cumulatively. “This week, the first official import order registration worth 10 million dollars was successfully completed…