Middle East

In the Daily: Sirin Labs Smartphone, Middle East Cbx Exchange, IPC’s Connexus Cloud

In this edition of The Daily we cover a number of cryptocurrency-related business collaborations from around the world. These include…

Bithumb Partners With Blockchain VC Firm Nvelop to Launch Exchange in UAE: Report

South Korean cryptocurrency exchange Bithumb will open a new platform in the United Arab Emirates (UAE), local news outlet The…

National Bank of Kuwait Taps Ripple for New Remittance Service

National Bank of Kuwait (NBK) has joined Ripple’s blockchain-based payments network seeking faster cross-border money transfers. The bank announced Thursday that…

UAE Remittance Firm Launching Ripple-Based Payments in Q1 2019

One of the largest remittance firms in the United Arab Emirates, UAE Exchange, is working with Ripple to launch blockchain-based…

US Excludes Iran’s Central Bank from the Global Financial System

The Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed…

Middle East’s First Central Bank-Backed Crypto Exchange to Launch in 2019

Two blockchain veterans are gearing up to launch what could be the first cryptocurrency exchange in the Persian Gulf to…

Saudi British Bank Joins Consortium R3’s Global Blockchain Ecosystem

The Saudi British Bank (SABB) has become the first Saudi bank to join enterprise software firm and global banking consortium…

Iran Officially Recognizes Cryptocurrency Mining

As economic sanctions start to bite, Iran is now looking to cryptocurrencies to ease the damage. The world’s third-largest oil-producer…

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