1/ Crypto in the Middle East is heating up! Here are some of the biggest developments in the past 3 months:
2/ Binance, the world's largest crypto exchange, opened a regional headquarters in Dubai.
3/ Crypto.com also opened an office in Dubai, and announced plans to expand its presence in the region.
4/ The Dubai-based company Cartesi launched its Layer-2 solution for Ethereum, which promises to improve scalability and performance.
5/ The Saudi Arabian government held a workshop on cryptocurrency regulation, and is considering making Bitcoin legal tender.
6/ The UAE government announced plans to introduce new regulations for cryptocurrency, which are seen as a positive step by the crypto community.
7/ The Bahrain-based company BitOasis launched its own cryptocurrency exchange, and the UAE-based company BitXchange raised $50 million in a Series A funding round.
**8/ The Middle East is becoming a major player in the global crypto economy, and these are just a few of the exciting developments that are taking place in the region.
9/ When you're trying to buy crypto in the Middle East, but all the exchanges are blocked.**