The Latest Crypto News in the MENA Region: Issue 2

Abu Dhabi investment subsidiary agrees to buy FTX’s interest in Sequoia for $45M

Al Nawwar Investments RSC Limited agreed to buy the interests in Sequoia Capital from FTX’s investment arm, Alameda Research, for $45 million in cash. Continue reading.

Dubai NFT museum launches in The Sandbox metaverse

The Metaverse Arts Museum has announced its launch in The Sandbox, which would feature non-fungible token (NFT) artworks of designers and serve as a community hub for visitors. Continue reading.

Rain exchange partners with Tarabut Gateway to streamline crypto payments

Bahrain-based cryptocurrency exchange Rain has partnered with open banking platform Tarabut Gateway to enable customers to quickly and easily top up their cryptocurrency wallets. Continue reading.

Saudi Arabia NFT marketplace secures investments from Animoca, Polygon

Saudi Arabia-based NFT marketplace Nuqtah has raised seed funding from Animoca Brands, Polygon and other regional investors, which will be used to scale the platform over the next 12 months. Continue reading.

72% of UAE residents think NFT adoption in business will increase, survey finds

Around 72% of respondents in the United Arab Emirates think that the popularity, significance and usage of non-fungible tokens (NFTs) will increase in different sectors of business, a recent survey finds. Continue reading.

Interviews with Industry Experts

VARA CEO explains how Dubai’s licensing regime sets global crypto regulation standard

Henson Orser, the chief executive of Dubai’s virtual asset regulator, details how they contribute to the UAE’s economic plans, their relationship with other authorities, and their view on staking, mining and NFTs. Continue reading.

UAE is already the world’s crypto capital, says Middle East crypto pioneer

While debates over which city or country is the top virtual asset hub continues, Dubai Blockchain Center CEO Marwan Alzarouni believes the UAE is already the world’s crypto capital in value-created and innovation. Continue reading.

Exclusive Interview with Skybridge Capital founder Anthony Scaramucci

Qahwa 3.0

Do you want to get an in-depth understanding of Web3 topics, such as blockchain, cryptocurrency and the metaverse? Watch our ongoing series Qahwa 3.0!

Women’s Day Special: Interview with Anu Bhardwaj

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