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
Dubai Multi Commodities Centre (DMCC) has announced plans to launch a new Financial Centre designed to become the backbone of its ecosystem, a hub uniting trade finance, fintech innovation, and digital-asset solutions under one roof. The announcement came as DMCC concluded its latest international roadshow in Vietnam, where it hosted events in Ho Chi Minh City and Hanoi to deepen trade ties between the UAE and Southeast Asia. Ahmed Bin…
Read More »Michael Saylor is coming to Abu Dhabi! The visionary co-founder and Executive Chairman of Strategy, the company formerly known as MicroStrategy, and widely credited with transforming Bitcoin into a mainstream corporate treasury asset, will headline Bitcoin MENA, taking place December 8–9, 2025 at the ADNEC Centre Abu Dhabi. From Business Intelligence to Bitcoin Standard Saylor’s bold pivot in 2020—to allocate the company’s treasury into Bitcoin—rewrote the rules on corporate capital…
Read More »The traditional wealth-management and private-banking sector—historically cautious about cryptocurrency—finds itself under growing pressure to deliver digital-asset services for affluent clients, especially in crypto-friendly hubs like Dubai, Switzerland and Singapore. According to a survey by Swiss fintech firm Avaloq covering 3,851 investors and 456 wealth professionals in the UAE (February/March 2025), demand for digital assets in the region is unusually high: 39 % of wealthy clients hold crypto, yet only 20…
Read More »Phoenix Group, an IHC portfolio company and a global leader in blockchain and digital asset infrastructure, announced Q3 2025 results, highlighting revenue growth, operational efficiency, and progress on AI and high-performance computing (HPC) initiatives. Q3 2025 Financial and Operational Highlights Revenue surged 10% quarter-over-quarter to $32 million, driven by a 6% increase in self-mining activity. Adjusted EBITDA climbed 154% to $960,000, supported by higher Bitcoin market prices and improved energy…
Read More »Fuze, one of the Middle East and Turkey’s fastest-growing financial infrastructure providers, has joined the Global Dollar Network to bring the Global Dollar (USDG) stablecoin to its customers. This aligns Fuze with leading global institutions such as Robinhood, Kraken, OKX, Mastercard, Galaxy Digital, and Bullish, which together are building a borderless ecosystem for the adoption of USDG, a fully backed stablecoin issued by Paxos and pegged 1:1 to the U.S.…
Read More »Binance, the world’s largest crypto exchange by users and trading volume, is gearing up for its annual flagship event, Binance Blockchain Week, set to make its second consecutive appearance at the Coca-Cola Arena in Dubai on December 3rd and 4th. Poised to be even bigger and more impactful than last year’s edition, Binance Blockchain Week 2025 will once again unite the leading voices of the Web3 and blockchain ecosystem from…
Read More »Saudi Arabia’s crypto pivot didn’t happen overnight.Back in 2018, when the world rushed into digital assets, Riyadh chose to wait. Many saw this as hesitation, but it was a calculated move to protect citizens and preserve monetary stability. In a governance system where leadership bears responsibility for public losses, speculation isn’t just risky — it’s political. The early restrictions on crypto trading were not an act of rejection but of…
Read More »OKX, a trusted global crypto exchange and global on-chain technology provider, today announced OKX Rubix, a modular workflow platform enabling regulated financial institutions to offer digital-asset services without building new infrastructure or increasing operational complexity. Rubix integrates seamlessly into an institution’s existing front-, middle-, and back-office systems, consolidating market access, execution, custody, settlement, and compliance controls into a cohesive framework. By simplifying operational workflows, Rubix allows institutions to provide regulated…
Read More »Bybit’s newly granted license from the UAE’s Securities and Commodities Authority (SCA) is doing more than legitimizing its operations — it’s disrupting the balance of power in the country’s crypto industry. What began as a regulatory milestone has quickly evolved into a full-scale expansion campaign, one that is reshaping the UAE’s crypto job market and unsettling rival exchanges. Industry executives privately admit that Bybit’s aggressive hiring spree is being felt…
Read More »At the Future Blockchain Summit in Dubai, one of the world’s leading gatherings for innovators in decentralized technology, a fireside chat titled “What DeFi Infrastructure Will Power the Next Financial Era?” brought together two influential voices redefining the next chapter of finance. Moderated under the summit’s DeFi & Digital Assets track, the discussion explored the next wave of decentralized finance (DeFi 2.0), from modular chains and intent-based protocols to oracles…
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