Your one-stop destination for blockchain news in the Middle East

Digital Currency

IMF: CBDCs Could Boost Middle East’s Financial Inclusion, Payment Efficiency

A recent IMF study on 19 central banks in the Middle East and Central Asia region showed that Central bank digital currencies (CBDCs) may not be necessary to achieve intended...
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Iran to Launch a Public Trial Program for Digital Currency on Kish Island

Iran’s central bank is set to launch a pilot trial program for digital currency and digital rial. The goal of the project is to modernize and simplify domestic transactions and...
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Saudi Arabia joins mbridge (digital currency project)

Saudi Arabia’s central bank has joined Project mBridge – a cross-border experiment with central bank digital currencies (CBDCs) for international trade – as a full participant, the Switzerland-based Bank for...
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Saudi Arabia Joins CBDC Project, mBridge.

The Switzerland-based Bank for International Settlements recently announced that Saudi Arabia’s central bank has officially joined the central bank digital currencies (CBDC) project, mBridge. mBridge is a cross-border experiment with...
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Top Blockchain Companies in Israel 

Israel is a key player in the digital space globally. Hence, Israel’s blockchain industry has recorded growth in the last few years. Many companies in different industries in the country...
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5 Ways Women In Blockchain Have Helped Break Barriers In Saudi Arabia

In Saudi Arabia, where traditional gender roles have long been entrenched, women in blockchain are spearheading a quiet revolution. Their presence and contributions are not only breaking barriers but also...
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Blockchain Updates: Bear Market Incoming?

Blockchain is the robust and reliable structure behind every cryptocurrency. It is a ledger that keeps secured and verifiable records of every transaction done in crypto within a network of...
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Binance Expresses Optimism Regarding Potential Cryptocurrency Regulations In Saudi Arabia In 2024

Amid ongoing cryptocurrency discussions within Saudi Arabia’s government bodies, Binance’s Head of Development, Bandar AlTunisi, is optimistic about the potential emergence of “high-level” digital currency regulations in 2024. Fueled by...
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5 Ways Blockchain Has Promoted Digital Currency Initiatives In UAE

Blockchain technology has become a driving force in transforming digital currency initiatives in the United Arab Emirates (UAE). Widespread adoption is fueled by improved security, smooth cross-border transactions, and government-backed...
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One of the most well-known cryptocurrencies, Bitcoin, has a fascinating yet troubled past. Bitcoin has experienced numerous ups and downs since it was founded in 2009 by an unidentified individual...
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