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
InvoiceMate has been announced as the winner of the ADIB Ventures Digital Assets Innovation Challenge, organized in partnership with the DIFC Innovation Hub. The award sets the stage for a potential collaboration with Abu Dhabi Islamic Bank (ADIB) to explore blockchain-based, stablecoin-backed lending solutions for small and medium-sized enterprises. Bringing Blockchain to the Bank As part of the award, InvoiceMate will now launch a Proof of Concept (POC) with ADIB…
Read More »HODL 2025, organised by Trescon, the world’s longest-running Web3 event, officially opened today at Madinat Jumeirah, Dubai, marking a pivotal moment in the evolution of blockchain and decentralized finance (DeFi). The prestigious two-day event follows the Dubai FinTech Summit that commenced on 12th May. During the Summit’s opening ceremony, His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), announced the launch of the inaugural Dubai Future Finance Week,…
Read More »BitOasis, the leading virtual asset trading platform in the Middle East and North Africa (MENA), has officially launched its operations in Bahrain, further establishing itself as the region’s most trusted and locally embedded broker-dealer. Operating under a Crypto-Asset Services License issued by the Central Bank of Bahrain, BitOasis Bahrain will provide compliant, secure, and advanced crypto trading services tailored for retail, corporate, and institutional clients. The platform’s user-friendly interface caters…
Read More »In a move towards digital financial transformation, Dubai’s Department of Finance (DOF) has signed a Memorandum of Understanding (MoU) with Crypto.com, a leading global cryptocurrency platform, to enable the payment of government service fees using cryptocurrencies. Under this partnership, Dubai Finance and Crypto.com will collaborate to integrate cryptocurrency payment solutions into government service portals. Residents and businesses will soon be able to pay for public services using stable digital currencies,…
Read More »The Dubai Digital Assets Association (D2A2) has announced a strategic partnership with CoinMENA, a VARA-licensed digital asset brokerage, in a joint effort to advance education, collaboration, and innovation within the Middle East’s digital asset landscape. This collaboration represents is a new step toward creating a more connected and compliant ecosystem for digital assets across the MENA region. By joining forces, D2A2 and CoinMENA aim to expand access to digital assets,…
Read More »HashKey Group, a prominent digital asset financial services provider in Asia Pacific, has officially entered the UAE market after receiving a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA). This approval, granted to HashKey MENA FZE, authorizes the firm to offer both virtual asset exchange and broker-dealer services in Dubai and beyond. With Dubai rapidly emerging as a regional crypto hub, HashKey Global MENA aims…
Read More »Abu Dhabi’s Deputy Ruler and UAE National Security Adviser, Sheikh Tahnoon bin Zayed Al Nahyan, recently met with David Sacks, a leading White House adviser on cryptocurrency and artificial intelligence, to explore new avenues for strengthening AI cooperation between the UAE and the United States. The high-level meeting, which took place during Mr. Sacks’ visit to the UAE, highlights the growing partnership between the two nations in advanced technologies. Both…
Read More »Abu Dhabi is embarking on a pioneering journey to build a sovereign, quantum-resistant blockchain infrastructure, marking a major step towards fortifying its digital economy and cementing its role as a global technology leader. Agile Dynamics, a leading consulting firm, was entrusted with architecting this visionary program, which aspires to fortify the emirate’s digital future by unlocking the transformative potential of quantum technologies. By doing so, Abu Dhabi seeks to not…
Read More »This was the central theme of a closed-door roundtable hosted before the TOP 20 Performing CEO event in Dubai on April 29th. Held under Chatham House rules, the gathering brought together a cross-section of participants from the banking sector, stablecoin issuers, tokenization firms, legal experts, and licensed crypto exchanges. While discussions covered a range of topics from regulatory frameworks to stablecoins, real-world asset tokenization, and trade finance, a key question…
Read More »Emirates General Petroleum Corporation (Emarat), the UAE’s federal fuel retailer, has announced a groundbreaking partnership with Crypto.com, a Dubai-licensed and regulated cryptocurrency exchange under VARA, to launch crypto payment options at fuel stations—marking a regional first for the Middle East and North Africa. Initially available at 10 fuel stations across Dubai, the feature allows customers to pay for fuel directly at the pump using Bitcoin and other digital assets. The…
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