カテゴリー: United Arab Emirates

Exchanges Roundup: First UAE-Based Exchange, LXDX to Launch Security Token Offering

Exchanges Roundup: First UAE-Based Exchange, Lxdx to Conduct Security Token OfferingA partnership between Al Zarooni Group, Crypto Bulls and Gulf Coin Gold has fostered the launch of the first cryptocurrency exchange registered in the United Arab Emirates (UAE). In other news, LXDX has announced that it plans to conduct a $5.7 million fundraising round via a security token offering (STO), and BTCC has announced indefinite […]

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Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States

Crypto-Backed Loans Expand: Salt Moves to 35 StatesSalt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic […]

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Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States

Crypto-Backed Loans Expand: Salt Moves to 35 StatesSalt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic […]

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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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Venezuela Invites OPEC Countries to Jointly Develop Oil-Backed Crypto Platform

Venezuela Solicits OPEC Countries to Jointly Develop Oil-Backed Crypto PlatformVenezuela’s president Nicolas Maduro has invited all OPEC nations to jointly develop a platform for the trading of oil-backed cryptocurrencies. Venezuela is preparing for a pre-sale of the petro, its oil-backed cryptocurrency which can be used to pay national taxes, fees, and public services. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies […]

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Localbitcoins Markets Set Record Trading Volume

Localbitcoins Markets Set Record Trading VolumeIn recent weeks, numerous countries have set record highs for trading volume on Localbitcoins. The spike in volume can be attributed to the surpassing of the significant $10,000 USD milestone – which has likely comprised the catalyst for an influx in new crypto investors, as well as profit taking on the part of many seasoned […]

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UAE-Based Investors Reveal Outlook for Bitcoin Markets

UAE-Based Investors Reveal Outlook for Bitcoin MarketsGulf News has published an interview it conducted with a number of UAE-based bitcoin investors. The interview reveals insight into the diverse avenues through which the investors entered the bitcoin markets, discusses what risks are perceived to be associated with bitcoin and cryptocurrency investments, and explores the expectations of investors for what bitcoin’s future may […]

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Localbitcoins Trading Volume Sets New Global All-Time High

Localbitcoins Trading Volume Sets New Global All-Time HighPeer-to-peer (P2P) bitcoin trading on Localbitcoins established a new global weekly all-time high for the week of the 19th of September, largely driven by an exodus of capital from China’s cryptocurrency markets. The spike in global P2P trading volume has seen record-breaking Localbitcoins trading volume across numerous international markets, including China, India, Malaysia, New Zealand, […]

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