Latest News on Middle East

Bitcoin Suisse received in-principle approval from the Abu Dhabi Global Market, marking its first expansion outside the European Union.

Coinpectra partners with TheBlock. to boost tokenization, compliance and real-world asset adoption in the MENA region through joint events and coverage.

OKX MENA CEO Rifad Mahasneh told Coinpectra that while hype can drive project growth in Web3, providing everyday value should be a priority for RWA tokenization projects.

Bitcoin is becoming a yield-generating asset class for institutions using DeFi strategies like staking, lending and Sharia-compliant tools.

DeFi platforms account for a big chunk of Yemen’s crypto web traffic, over 63%, while global centralized exchanges account for 18%, blockchain intelligence firm TRM Labs says.

Tokinvest founder and CEO Scott Thiel said that in his seven years in the RWA sector, there’s been “no lack of demand” from asset owners wanting to tokenize their properties.

Saudi Arabia has committed $14.9 billion to AI through global tech partnerships, including Google, Lenovo and Alibaba, as it aims to become a regional AI hub.

The Hashgraph Association has partnered with Taurus to advance secure custody, staking and tokenizing Hedera’s HBAR cryptocurrency globally.

Mantra and Damac Group have signed a $1 billion partnership to tokenize real-world assets, enhancing blockchain-based finance in the UAE.

Web3 professionals pointed toward talent and capital, Shariah-compliant crypto services and dirham-pegged stablecoins when asked about crypto trends in the Middle East.

Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems.

Abdu Rozik told Coinpectra at Bitcoin MENA in Abu Dhabi that celebrities should have good intentions when entering crypto.

Bitcoin’s recent surge over $90,000 has pushed its market cap past Saudi Aramco, solidifying its position among top global assets.

 Increased emigration from Israel has led to fears of a brain drain.

BitMEX co-founder Arthur Hayes predicts Bitcoin's price will rise alongside surging oil and energy prices if tensions between Iran and Israel boil over.