Search Results for "Saudi Central Bank"
Fintech Digest: Mubadala Remains Optimistic About Crypto Investments
Abu Dhabi’s sovereign wealth fund Mubadala has made investments in the crypto ecosystem amidst its growing value, Reuters reported. “This is a business that had, what $200 billion worth of crypto value two years ago, and it’s two and a
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Fintech Digest: South Africa Gears up for New Crypto Regulatory Framework
South Africa will be launching a new regulatory framework for cryptocurrencies in early 2022 (Bitcoin.com). The country’s Financial Sector Conduct Authority (FSCA) announced that it would be unveiling a crypto regulatory framework for the trading of crypto coins. “What we
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7 Middle East Crypto Exchanges That Support Local Currencies
Last month marked 13 years since Satoshi Nakamoto’s Bitcoin white paper was first released. In these 13 years, concerns around crypto have persisted — over its volatility, decentralisation and legitimacy. However, through crashes and bull runs, these unregulated currencies have
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Top Fintech Trends by Country
UAE All You Need to Know About Fintech in Dubai vs Fintech in Abu Dhabi Read more Fintech In Abu Dhabi: A Short Overview Read more Fintech In Dubai: A Short Overview Read more Neobanks Make Inroads in the UAE
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Fintech Digest: UAE, Singapore Pilot First-Of-Its-Kind Cross-Border Trade Finance Project
The Monetary Authority of Singapore (MAS) and Abu Dhabi’s Financial Services Regulatory Authority (FSRA) have completed a first-of-its-kind digital cross-border trade finance document transfer (Fintech Futures). This makes the initiative the world’s first cross-border digital trade financing pilot, a statement
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12 Fintech Startup Founders in the Middle East That Are Making Waves
There’s a lot of buzz doing the rounds for fintech startups in the Middle East, but not too much is known about the faces behind these companies – fintech startup founders. Founders and founding teams are often the make-or-break of
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Crypto Platform CoinMENA Picks Up US$9.5m Seed Funding
Bahrain-headquartered crypto trading platform CoinMENA has fetched US$9.5 million in seed funding, according to a statement. This is the first seed round to have been raised by the company. It is also one of the largest seed rounds to have
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Fintech News Digest: The Problem of Surveillance in Africa’s Biggest Fintech Hubs
A new study has found that governments in six African countries have been spying on citizens through the use of technology (The Conversation). Governments in Egypt, Kenya, Nigeria, Senegal, South Africa and Sudan have been surveilling citizens, either through legal
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9 Upcoming Fintech Events to Attend in Dubai and Abu Dhabi
The UAE is one of the top trending regions for fintech in the Middle East, aside from Bahrain and Saudi Arabia. Newer companies are emerging, and funding is making its way through. Fintech funding in H1 2021 represented the highest
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MEA Fintech Weekly News: Nigeria to Closely Scrutinise Fintech Startups
In last week’s MEA fintech news, the Central Bank of Nigeria (CBN) has once again hinted that it will be keeping a close watch on fintech startups in the country. At a recent seminar, Director of the Banking Supervision Department
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