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Middle East
Coinbase Joins $6M Funding Round for Licensed Middle-East Exchange Rain Financial
The $6 million Series A round was led by Middle-Eastern VC firm MEVP Capital.

Ripple Opens Dubai HQ as Blockchain Firm Mulls Leaving US
The blockchain company's new Middle East and North Africa headquarters will be within the DIFC financial hub.

What It's Really Like to Live on Bitcoin in the Middle East
The story of a Syrian migrant in Iraq shows how bitcoin can work as intended – as a global currency that transcends borders.

How Bitcoin Fits Into Lebanon’s Banking Crisis
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent.

Iran Issues License for Nation's Biggest Bitcoin Mining Operation
A Turkish firm has been granted a license to operate a data center with up to 6,000 bitcoin mining machines.

Bitcoin in Emerging Markets: The Middle East
Regions with weak states and educated diasporas are seeing a rising demand for cryptocurrencies, stablecoins and decentralized applications.

Despite Bitcoin Price Dips, Crypto Is a Safe Haven in the Middle East
Bitcoin fell 40 percent this week from coronavirus shocks, but it's still seen as a safe haven in the Middle East.

How Bitcoin Is Used to Promote Human Rights: Stories From Activists and Refugees
CoinDesk reporter Leigh Cuen is joined by the Human Rights Foundation’s Alex Gladstein and Syrian entrepreneur Moe Ghashim to discuss how cultural context shapes the way people view bitcoin, including stories from the Middle East.

Palestinian Militant Group Has Received 3,370 Bitcoins in Donations Since 2015: Report
The report from an Israeli organisation claims the group used bitcoin to avoid sanctions, offer a degree of anonymity to donors and enable cross-border money transfers.

Crypto Exchange Rain Raises from BitMEX, Opens Trading In Middle East
BitMEX Ventures-backed crypto exchange Rain opens for business following a two-year sandbox program under Bahraini central bank
