Saudi Arabia

Bitcoin Down as Saudi Attack Raises Fears of Economic Crisis

Bitcoin was trading in negative territory on Tuesday as attacks on Saudi Arabia’s crude oil processing facilities weighed on the…

Fintech Firm Partners With R3 to Develop Shariah-Compliant Market Platform

Dubai-based fintech company Wethaq has entered into a strategic partnership with enterprise software firm R3, in order to create a…

Saudi Arabia Warns of Crypto Scammers Posing as Gov’t Projects

Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to…

Islamic Finance Expert: ‘Halal Coin’ a Matter of Time and Awareness

The issue of Shariah acceptability of crypto is a matter of time and raising awareness, according to Malaysia's Islamic finance…

Sorry, I Don’t Want to Pay for More Bombs: Bitcoin as a Hedge Against Funding War

After nearly two decades of U.S.-led coalition bombs falling on the Middle East, peace in the region still has not…

How They Will Attack Bitcoin: The Hypocritical Shock Campaign of US Monetary Policy

On July 16, U.S. Department of the Treasury Secretary Steven Mnuchin gave a short press briefing discussing cryptocurrencies and the…

Middle East Blockchain Development Primed to Lead the Global Industry

While we often get to hear about how cryptocurrency adoption is rapidly gaining ground in the West, a number of…

Ethereum Leaders Are Slowly Courting Gulf Coast Royals and Investors

Ethereum’s leaders are pursuing a “moonshot” in the Middle East. The Ethereum Foundation’s head of special projects, Virgil Griffith, told…

Blockchain Firm Raises $6 Mln From Major Energy Companies, Saudi Aramco Subsidiary

American blockchain startup Data Gumbo Corp. has raised $6 million from major energy companies, including the venture wing of Saudi…

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