Middle East


Finanza

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.

Manama, capital of Bahrain (Charles Adrien Fournier/Unsplash)

Finanza

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.

Dubai (David Rodrigo/Unsplash)

Mercati

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.

Ghass Mo is a Rust developer living in Iraq. (Ghass Mo)

Finanza

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.

Credit: Shutterstock

Finanza

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.

Tehran, Iran

Mercati

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.

Lebanese protestors, October 2019 (Credit: Shutterstock)

Politiche

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.

Middle East

Mercati

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.

Photo by Rostyslav Savchyn on Unsplash

Mercati

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.

Credit: Shuttershock

Politiche

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

bahrain, money

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