Kiosk can only dispense the digital currency for the time being Dubai residents and tourists can now buy Bitcoin through an ATM using just cash. According to a Khaleej Times report, the UAE's first ATM that dispenses bitcoin is at the five-star Rixos Premium Dubai Hotel at JBR....

On March 12, Bloomberg analysts published a report in which they predicted a sharp decline in the bitcoin exchange rate. The review notes that currently recorded the first signs of a sharp weakening of demand for bitcoin. Experts of the Agency refer to the data of the cryptocurrency...

Financial investment exchange says platform will be focused on the institutional market and professional investors MidChains, an Abu Dhabi-based blockchain enabled financial investment exchange, is set to open a crypto exchange business under the new Abu Dhabi Global Market (ADGM)...

What does cryptocurrency have to do with coffee? This is one of the first issues that arose last August, when Starbucks coffee chain announced a partnership with Bakkt — a cryptocurrency platform supported by Intercontinental Exchange (the owner of the new York stock exchange), and...

Bahrain's central bank announces that it has issued 'the final rules on a range of activities relevant to crypto assets' The Arab world’s smallest country is taking the lead in regulating crypto assets. Bahrain’s central bank said on Monday that it issued “the final rules on a...

Rain announces graduation from the Central Bank of Bahrain's Regulatory Sandbox, in process of applying for licence Rain, a Bahrain-based cryptocurrency exchange, on Tuesday announced its successful graduation from the Central Bank of Bahrain’s Regulatory Sandbox. It is the first...

Bahrain allows companies using cryptocurrency to work in the country on a trial basis Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency to work in the country on a trial basis, as it considers...

One of the largest financial conglomerates in the world, JP Morgan Bank announced the launch of its own digital currency. We are talking about the launch of the JPM Coin token, CNBC TV channel reports. This digital asset will be used by the Bank for mutual settlements with counterparties of...

Cryptocurrency exchange start-ups in the Gulf Cooperation Council (GCC) region are hopeful that the region’s financial authorities will eventually find ways to regulate trading in crypto asset businesses, the founders of two such entities have said. In the GCC region, very few markets have...

Saudi Arabian Monetary Authority and the UAE Central Bank announce Aber project to forge closer financial ties The Saudi Arabian Monetary Authority (SAMA) and the UAE Central Bank has announced more details about plans to launch a common digital currency. The Aber project will be...