MENA News
Discover the latest blockchain and crypto news from the MENA region, including updates from Dubai, Abu Dhabi, Bahrain, Qatar, and Oman, covering trends, regulations, and developments shaping the industry
RAK Properties, Ras Al Khaimah’s leading publicly listed real estate developer, has announced a strategic partnership with Hubpay, the UAE’s ADGM-regulated fintech to allow international buyers to purchase properties using cryptocurrency. This move reflects the UAE’s growing adoption of regulated digital asset solutions, highlighting the country’s expanding ecosystem for cryptocurrency payments across sectors. This collaboration leverages Aquanow’s regulated infrastructure and Hubpay’s payment network, enabling clients to pay for Mina beachfront…
Read More »Gewan Holding, part of Abu Dhabi’s multi-vertical conglomerate NG9 Holding, today announced a landmark strategic partnership with IOPn, a pioneer in decentralized infrastructure. The collaboration will accelerate the development of sovereign AI, blockchain, and digital identity solutions, reinforcing the UAE’s position as a global hub for technological leadership. At the heart of this partnership is a unique sovereign AI stack powered by NVIDIA GPUs and anchored by IOPn’s OPN Chain.…
Read More »Mastercard and Circle are expanding their partnership to introduce USDC and EURC settlement across Eastern Europe, the Middle East, and Africa (EEMEA). This marks the first time acquirers in the region will be able to settle transactions directly in stablecoins, bridging the gap between blockchain-native digital assets and traditional commerce infrastructure. The initiative will debut with Arab Financial Services (AFS) and Eazy Financial Services, enabling them to settle payments in…
Read More »The United Arab Emirates (UAE) has amassed approximately $700 million in Bitcoin, primarily through government-backed mining operations, blockchain analytics platform Arkham Intelligence revealed. In a recent post on X, Arkham identified what it says are the UAE government’s Bitcoin wallets, estimating holdings of roughly 6,300 BTC. The digital assets were mined via Citadel Mining, a firm majority-owned by the UAE government’s International Holding Company (IHC). “Unlike the US and UK,…
Read More »MovaChain, the next-generation modular blockchain built for global payments, today announced it has secured a strategic investment at a $100 million valuation, led by Aqua1 Foundation and GeoNova Capital (UAE), with participation from other leading Abu Dhabi institutions. This funding will accelerate Mova’s mission to deliver institutional-grade blockchain infrastructure engineered for high performance, compliance, and modular flexibility, setting a new global benchmark for scalable Web3 adoption in payments and finance.…
Read More »The Global Blockchain Congress (GBC), hosted by Agora Group, returns for its 15th edition in Dubai, the global capital of Web3 and digital innovation. The Global Blockchain Congress continues its mission of bringing together the most promising Web3 projects with the world’s leading investors for two days of exclusive, high-impact networking and deal-making. The success and reputation of the GBC is reflected in the caliber of its past partners and…
Read More »Easy Coins, Oman’s first cryptocurrency exchange and the only non-custodial platform of its kind in the MENA region, has been acquired by foreign investors who have established a company in Oman. The acquisition cost has not been made public. Launched at a time when Oman was still debating whether to ban or regulate digital assets, Easy Coins played a pivotal role in guiding the country toward regulation. By providing a…
Read More »The Hashemite Kingdom of Jordan is positioning itself as a leading hub for digital finance and blockchain innovation by hosting two major events this year: the 27th Jordan Financial Expo & Awards (JFEX 2025) and the inaugural Token Congress Jordan. Both events will take place at the Mövenpick Hotel Amman on September 23–24, 2025. Organized by AFAQ Group, JFEX & Token Congress Jordan 2025 is expected to attract over 2,000…
Read More »BurjX, the UAE-born digital asset trading platform licensed for both brokerage and custody services by the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM), has announced that it is leveraging Fireblocks, a leading enterprise platform providing digital asset infrastructure solutions, to secure its trading and custody operations. With over $2.17 billion lost to crypto theft globally in the first half of 2025 and only 22% of exchanges…
Read More »Dubai’s Virtual Assets Regulatory Authority (VARA) has delivered a clear message: regulatory frameworks are accompanied by actual enforcement. It has issued a fine against Morpheus Software Technology FZE, the UAE entity of Fuze, and appointed a Skilled Person to supervise its remediation plan. This marks a turning point for the region’s digital asset regulation. VARA with Teeth: Enforcement Over Frameworks A supervisory investigation begun in April 2025 revealed weaknesses in Fuze’s anti-money laundering…
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