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
Iran’s cryptocurrency market has been rocked by a high-level fraud scandal involving intelligence officers from the Islamic Revolutionary Guard Corps (IRGC). In an anti-corruption probe that took an unexpected turn, IRGC intelligence officials reportedly embezzled $21 million worth of digital assets, inflicting significant financial losses on thousands of investors and raising serious concerns about regulatory integrity in the country. At the heart of the scandal is Sina Estavi, CEO of…
Read More »OKX has released its 29th consecutive Proof of Reserves (PoR), reinforcing its position as one of the most trusted and transparent exchanges in the crypto industry. The March 2025 report confirms that the exchange continues to hold more than 100% of user assets across major cryptocurrencies, including Bitcoin, Ethereum, and Tether. With reserve ratios standing at 103% for BTC, 102% for ETH, and 103% for USDT, OKX once again demonstrates…
Read More »Unlock Blockchain is proud to announce that public voting is now open for the Top 20 Performing CEOs in Web3 and Digital Assets for 2024—marking the third year of this unique and independent recognition. What makes this award stand out is its non-commercial nature: there are no nomination fees, no sponsorship strings, and no marketing influence. It is built on merit, industry contribution, and the voice of the community. This…
Read More »The crypto market has reshaped global finance, emerging as one of the most transformative forces in modern economics. The global crypto custody market is projected to grow significantly, with estimates suggesting it could reach around US$1.6 trillion by 2028, growing at a compound annual growth rate (CAGR) of 23.65% during the forecast period. The United Arab Emirates is poised to lead the Middle East, with its crypto custody market expected…
Read More »OKX, a leading global blockchain technology company, announced that it is one of the title sponsors of TOKEN2049 in Dubai, the premier crypto event bringing together founders and executives of leading Web3 companies and projects. The conference will see global leaders from OKX join other executives to discuss trends and growth within the industry, offering insights into a sector that has seen substantial growth in the past year. On the…
Read More »The Central Bank of the UAE (CBUAE) has confirmed the 2025 launch of the Digital Dirham, while unveiling a new symbol for the UAE’s national currency. The move reflects the country’s push to modernize its financial infrastructure and position the Dirham as a global currency in both physical and digital form. This announcement also marks the CBUAE’s entry into the FX Global Code—making it the first central bank in the…
Read More »The global stablecoin market is experiencing a significant transformation, driven by major financial players in the United States and strategic regulatory advancements in the UAE. As stablecoins gain traction as digital representations of fiat currency, the competitive landscape is evolving, with the U.S. and the UAE poised to shape the future of this sector. The U.S. Stablecoin Push: A Competitive Market The United States is witnessing a surge in stablecoin…
Read More »In a new move set to reshape the future of blockchain regulation and asset tokenisation, the Abu Dhabi Global Market (ADGM) has signed a Memorandum of Understanding (MoU) with Chainlink, the global standard for on-chain finance. The collaboration aims to advance compliant tokenisation frameworks, promote interoperability across blockchain networks, and strengthen the UAE’s position as a hub for regulated digital finance. Under the MoU, ADGM’s Registration Authority and Chainlink Labs…
Read More »Informed by the latest insights from the Oman Investment and Economic Report 2025, the Sultanate is not only accelerating its green energy transition and infrastructure expansion—it’s also quietly building the foundations of a blockchain-powered digital economy. As Vision 2040 drives a national transformation, Oman is emerging as a serious player in the global Web3 ecosystem, with initiatives spanning logistics, fintech, and clean energy that directly intersect with blockchain innovation. The…
Read More »Binance, the world’s largest cryptocurrency exchange by trading volume and users, announced its continued strategic partnership with TOKEN2049, the leading global events platform for digital asset professionals and enthusiasts. Returning to Dubai from 30 April to 1 May 2025, TOKEN2049 will once again gather the Web3 community and industry leaders for two days of influential talks, exclusive networking, and collaborative opportunities. As part of this year’s event, Binance is set…
Read More »
