Tag: MENA

Сrypto platform BitOasis and Mastercard have partnered to launch a series of crypto card programs in the MENA region to enable the use of cryptocurrencies at points of sale and across e-commerce platforms. It will allow BitOasis customers to link their crypto wallet balances to physical or virtual cards and make fiat payments across 90…

Window between Web3 and wealth generation is all set to open in the MENA region, says Farbod Sadeghian, the founder of artèQ and Qlindo, on Arab News. As is true for most of the world, the socioeconomic effects of the COVID-19 pandemic throughout the Middle East and North Africa have been quite punitive. With stringent…

Blockchain analytics firm Chainalysis’s study revealed that the Middle East and North Africa region was the fastest-growing market for crypto adoption over the 12-month period that ended on June 30. Crypto users in the region received $566 billion in crypto from July 2021 to June 2022. Users based in The Middle East and North Africa…

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…

MBC Group has signed a strategic partnership with the region’s largest crypto-asset exchange BitOasis to drive customer awareness and adoption using MBC Group’s TV channels and digital platforms. “We’re witnessing the fast speed at which our region is embracing and adopting the blockchain and Web 3 technologies,” Fadel Zahreddine, group director of emerging media at…

Ali Alobaid, the managing director of trading platform BitOasis in Saudi Arabia, expects cryptocurrency use in the MENA region to grow fast over the next few years. He said the value of virtual asset transactions in the Kingdom was worth around $20 billion, with over 800,000 Saudis using digital currencies last year. This year, Ali…