Prince Philip of Serbia calms rumors of Arab country Bitcoin adoption
Prince Filip Karađorđević, known as Philip Karageorgevitch in English, placated rumors that an Arab country would “soon” adopt Bitcoin (BTC) as legal tender. In an interview Philip delivered from Serbia, the prince explained that Bitcoin adoption is an inevitability for all countries. As a result of the thesis he first shared on a Bitcoin Reserves […]
Survey reveals high penetration and adoption of crypto in Saudi Arabia
The high degree of penetration and adoption of crypto in Saudi Arabia makes it an important market for digital currencies, demonstrating the potential for expansion in the Middle East and North (MENA) region. According to a survey conducted by crypto exchange KuCoin, around three million Saudi Arabians (or 14 percent of the adult population aged […]
Swiss BSV to establish blockchain academy in the Middle East
The first blockchain school in the Middle East will open in Riyadh, Saudi Arabia, according to an announcement by the BSV Blockchain Association. The new institution will reportedly provide training and development tools for government organizations and enterprises interested in adopting or experimenting with blockchain technology. Per the announcement, the Saudi Blockchain Academy (SDA) will […]
Bahrain central bank licenses Sharia-compliant crypto exchange
Bahrain-based crypto exchange CoinMENA acquired a major license ahead of its launch in several countries including the UAE and Saudi Arabia.