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“# Bahrain central bank licenses Sharia-compliant crypto exchange ” CoinMENA, a soon-to-launch cryptocurrency exchange headquartered in the Kingdom of Bahrain, has obtained a license from the Central Bank of Bahrain, or CBB. The newly acquired “Crypto Assets Services Company License” allows CoinMENA to operate fully as a regulated crypto exchange and onshore platform, the company…
“# UAE, Saudi Arabian central banks release report on Project Aber CBDC trial ” Central banks from two of the most powerful economies in the Middle East released today a report on a yearlong joint central bank digital currency (CBDC) project — and results speak glowingly of blockchain technology. First announced in January of 2019,…
“#Pompeo takes part in reported secret Netanyahu-MBS meeting” Secretary of State Mike Pompeo took part in a secret meeting between Israeli Prime Minister Benjamin Netanyahu and Saudi Crown Prince Mohammad bin Salman — the first known summit between the longtime Middle Eastern foes, according to reports. The leaders discussed several issues during the meeting on…