cryptocurrency


Gate Group Secures Dubai VARA License

Middle East Business News - Published date: .

Gate Group’s Dubai arm is accelerating the expansion of its local team as it prepares for its official launch Read more

Crypto Market: Retail Participation In The Sector Predicted To See A Major Boost In Bitcoin As A Result Of Trumps IRS Overturned

Middle East Business News - Published date: .

Bitcoin prices shot up in early trading hours on Monday, April 28, to cross the $94,000 mark, touching $94,083 briefly,... Read more

UAEs Ruya Becomes First Global Islamic Bank To Offer Shariah-compliant Crypto Trading

Middle East Business News - Published date: .

Digital Islamic bank ruya teams up with Fuze to offer secure, ethical crypto investments aligned with Islamic financial... Read more

ATS Travel To Accept Payment In Crypto After Payhound Partnership

Middle East Business News - Published date: .

The travel agency claims to become the first in the Middle East to accept cryptocurrency as a form of payment Read more

Bitcoin Price Projected To Crash To $70,000 As Crypto Markets Trump Optimism Wanes

Middle East Business News - Published date: .

The ongoing trade tariff war, discussions of stagflation, and the rush to safe havens are also turning investors away f... Read more

Nod For Stablecoins USDC And EURC To Accelerate UAEs Emergence As A Crypto Powerhouse, Say Experts

Middle East Business News - Published date: .

The DFSA’s decision will enable over 6,000 DIFC firms to use these stablecoins for payments and treasury functions le... Read more

Crypto Exchange Major Bitget To Make Dubai As Hub For Its Next Phase Of Global Expansion

Middle East Business News - Published date: .

The company has sought a licence from Dubai VARA for a massive expansion of its operations Read more

Hubpay Partners With Aquanow To Launch UAEs First Regulated Crypto Payments Facility For Businesses

Middle East Business News - Published date: .

The collaboration will enable businesses across various sectors, including real estate, to accept cryptocurrency paymen... Read more

Analysis: Inside The $1.5bn Bybit Hack – The Largest Digital Heist In Crypto History

Middle East Business News - Published date: .

Data shows that North Korean hackers stole $1.34 billion across 47 incidents last year - a figure now eclipsed by this ... Read more

Crypto Market Hits Extreme Fear Zone: Trump Tariffs, US Economy Slowdown Trigger Market Volatility

Middle East Business News - Published date: .

Beyond trade tensions, crypto markets are facing uncertainty over a potential US economic slowdown, exacerbated after a... Read more

Bitcoin Plunges Below $90,000 Mark Post Donald Trumps Crypto Order: Report

Middle East Business News - Published date: .

Bitcoin briefly touched $85,899.99, its lowest point since November, placing it nearly 20 percent below its all-time hi... Read more

Trumps Return Sparks Crypto Surge: What Does This Mean For The US, Middle East?

Middle East Business News - Published date: .

The market's response to Trump's re-election and subsequent pro-crypto policies has been swift and pronounced Read more

UAE Telecom Giant Du Adds Cryptocurrency To Payment Options

Middle East Business News - Published date: .

Customers can now opt to pay their du bills via Apple Pay or Samsung Pay, via debit or credit card and cryptocurrency Read more

Pig Butchering Romance Scams Surge 40%, Pushing Crypto Fraud To Record $12.4bn High

Middle East Business News - Published date: .

A major contributor to the growth in pig butchering and employment scams is the ongoing industrialisation of the fraud ... Read more

ADX-listed Phoenix Group Reports Record $167mn Profit In 2024, Mining Revenue Up 236%

Middle East Business News - Published date: .

The company’s mining revenue surged to $107 million in 2024, up from $32 million in 2023 and $5.4 million in 2022 Read more

Bitcoin Price Rebounds To Cross $100,000 Amid Lingering Fears Of Major Crypto Market Upheaval

Middle East Business News - Published date: .

Ethereum rebounded from $2,451 on Monday to $2,799 on Tuesday, marking a significant recovery for the major cryptocurre... Read more

UAEs Crypto Regulation Offers Model For Others As New Report Reveals Rising Extremist Funding In Europe: Experts

Middle East Business News - Published date: .

A new report suggests that Europe's crypto extremism problem is growing faster than anyone expected Read more

UAE Secures Over $30bn In Crypto Investments In Just One Year: Report

Middle East Business News - Published date: .

With a proactive regulatory framework, the UAE presents investors with a balance between innovation and security Read more

Crypto Criminals Pocket Almost $51bn In 2024

Middle East Business News - Published date: .

There has been a steady diversification in crypto crimes away from bitcoin in 2024, with stablecoins now occupying the ... Read more

EU Legislation Fallout Fuels Demand For Crypto Business Expansions To UAE, Advisory Firms Reveal

Middle East Business News - Published date: .

Digital asset exchanges, NFT marketplaces, utility token issuers, tokenised funds, and payments companies are among the... Read more