カテゴリー: Middle East

US Excludes Iran’s Central Bank from the Global Financial System

US Pressure Excludes Iran’s Central Bank from the Global Financial SystemThe Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed to U.S. pressure. The move leaves Iran’s 81 million citizens financially excluded and facing serious economic consequences, amidst renewed U.S. sanctions. America’s coercion of Swift attests to the stranglehold the nation exerts on the world […]

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Exchanges Roundup: SBI to Develop Wallet, Huobi Targets New Markets

In recent news pertaining to cryptocurrency exchanges, SBI Group has unveiled a partnership with Sepior that will see the companies jointly develop a proprietary wallet, Huobi has announced it is establishing an operational base in Dubai to target the African, Middle Eastern, and South Asian cryptocurrency markets, and Trijo, a Swedish crypto exchange, has received […]

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Iran Officially Recognizes Cryptocurrency Mining

Iran Officially Recognizes Cryptocurrency MiningAs economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer seeks to follow in the footsteps of Venezuela, which has issued an oil-backed digital currency called the Petro. But can Iran succeed where Venezuela is ostensibly faltering? Also read: As Zimbabweans Struggle for Cash, Even the […]

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Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab States

Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab StatesFollowing the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitoasis Working With […]

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Crypto Exchange Approved for Regulatory Sandbox License in Bahrain

Crypto Exchange Approved for Regulatory Sandbox License in BahrainA Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Exchange Received Sandbox […]

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PR: Ubcoin Raises More Than $1 Million at Pre-Sale and Starts Main Token Sale Event

Ubcoin Starts Main Token Sale EventUbcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors by selling real goods and receiving cryptocurrency in exchange, announces the start of the main stage of its Token Sale.

The team behind the mobile payments app Ubank launches the Token Sale for its blockchain ecosystem called Ubcoin Market whose participants would be able to easily sell and buy real goods in exchange for cryptocurrency. The Token Sale is listed and favorably reviewed on foundico.com, icobazaar.com, and other platforms. During the Pre-Sale stage, the project has already raised more than $1 million.

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PR: Ubcoin Raises More Than $1 Million at Pre-Sale and Starts Main Token Sale Event

Ubcoin Starts Main Token Sale EventUbcoin Market, a peer-to-peer ecosystem that would allow its users to become crypto investors by selling real goods and receiving cryptocurrency in exchange, announces the start of the main stage of its Token Sale.

The team behind the mobile payments app Ubank launches the Token Sale for its blockchain ecosystem called Ubcoin Market whose participants would be able to easily sell and buy real goods in exchange for cryptocurrency. The Token Sale is listed and favorably reviewed on foundico.com, icobazaar.com, and other platforms. During the Pre-Sale stage, the project has already raised more than $1 million.

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PR: Jason Butcher Joins Advisory Board of Xinfin, the Singapore Based Fastest Growing Blockchain Technology Company

Advisory Board of XinfinXINFIN, a Blockchain Technology firm for global trade and finance, announced today the appointment of Jason Butcher to its advisory board. Jason Butcher is a renowned name in the field of blockchain technology, serving as the COO of CoinPayments and a bunch of related businesses.

Singapore based Blockchain Technology Company today announced the appointment of Jason Butcher as an independent advisor of the firm, effective immediately. Mr. Butcher who is a serial entrepreneur and COO of CoinPayments will serve as an advisor and will help XinFin with his meaningful insights and invaluable knowledge of the legal landscape of blockchain technology and cryptocurrency markets.

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Dubai Issues License to Cryptocurrency Firm

Dubai Issues License to Cryptocurrency FirmThe largest free economic zone in the UAE, with zero percent personal and corporate income tax, has started issuing licenses to firms trading cryptocurrencies. The first license has been issued to a gold trader that has recently started offering cryptocurrency services. Also read: Japan Cracks Down on Foreign ICO Agency Operating Without License Attracting Crypto Businesses […]

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