Here's a fun thread summarizing the latest news in the Middle East region about crypto and blockchain (shoutout to @SuperteamAE for this opportunity):
1/ Buckle up, folks! It's time for a wild ride through the latest news in the Middle East region about crypto and blockchain.
2/ First up, OKX, one of the world's largest cryptocurrency exchanges, is now licensed in Dubai. Looks like they're ready to expand their Middle East operations and take the region by storm!
We’re licensed in Dubai — and will work to develop the region’s leading industry standards
3/ Bitget, top crypto derivatives, and copy trading platform, is also getting in on the action. They've unveiled their expansion plans into the Middle East region, with the intention to explore countries such as Bahrain and the UAE.
4/ Dubai is not one to be left behind. They've launched the Dubai Initiative on Crypto, which aims to create an environment for innovation and entrepreneurship in the fields of digital payments, blockchain, and cryptocurrency.
5/ Hong Kong and UAE Central Banks are in discussion of a joint effort on regulating virtual assets. A bilateral meeting was held in Abu Dhabi. From June 1, HK allows retail investors to trade crypto
6/ Crypto exchange Bybit has also joined the party. They've opened their global headquarters in Dubai, nearly a year after revealing plans to establish themselves in the emirate. Looks like they're ready to make some serious moves in the region!
7/ Dubai has recently unveiled its crypto regulatory framework, providing a concrete licensing regime for digital asset issuers and service providers. Finally, some clarity in the world of crypto regulations!
8/ Marathon Digital and Zero Two are taking things to the next level with their joint venture. They're creating the Middle East's first large-scale immersion Bitcoin mining operation. Who knew mining could be so exciting?
9/ Carret, a crypto startup based in Singapore and Bengaluru, has raised pre-seed funding and is eyeing expansion to the Middle East and Southeast Asia. Looks like they're ready to join the party and make some waves in the region!
Carret Soars to New Heights with Groundbreaking Milestones
10/ @SuperteamAE Community was recently formed and is already encouraging individuals to take on new opportunities!
11/ These developments show that the Middle East is becoming an increasingly important region for crypto and blockchain. Companies are relocating and opening operations, governments are launching initiatives, and regulations are being established. It's an exciting time!