Bitcoin Nordic Brings Bitcoins to Middle East and North Africa
The Middle East and North Africa remain one of the more difficult parts of the world in which to acquire bitcoins. Although largely justified by the region's low GDP, the concentration of Bitcoin clients in the region is low, and options for exchanging the local forms of digital money for bitcoins were hard to find - until now. Bitcoin Nordic recently....
Related News
Bitcoin Nordic's Lasse Birk Olesen has announced that the company is now offering a way for Bitcoin users to purchase CashU coupons, an online payment mechanism accepted at hundreds of online locations including iTunes, Amazon, Skype and Xbox Live. CashU coupons are offered in denominations of $10, $30, $50, $100 and $300, and are set to the buyer's email address within 24 hours of purchase. From the average Bitcoin user's perspective, the fees are high. Bitcoin Nordic charges a transaction fee of 10% on every purchase. Thus, the service is not likely to be significantly used by anyone....
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com, and the largest crypto exchange in the region. A new blockchain and cryptocurrency-focused association has been launched within Abu Dhabi's free economic zone that aims to further the development of blockchain and crypto ecosystems across the Middle Eastern, North Africa, and Asian regions.The Middle East, Africa & Asia Crypto & Blockchain Association (MEAACBA) was officially launched on Nov. 8 in the Abu Dhabi Global Market (ADGM), a free....
Ola Doudin, a female Jordanian entrepreneur, has launched a bitcoin wallet and exchange, BitOasis, in Dubai, after having difficulty finding any place to buy bitcoin in the region, according to The National Business in the United Arab Emirates. BitOasis plans to be the first bitcoin company in the Middle Eastern and North Africa (MENA) region to be registered in a major technology center in the region, according to its website. The wallet service is available in the Middle East, North Africa and Asia. Users in Saudi Arabia, the UAE, Kuwait, Qatar and Bahrain can also use the exchange....
Bitcoin has been making steady progress throughout the West and Europe. It has made a stunningly fast impact on China, at least as a commodity investment if not yet in the retail sector. Australia has also been eager to join the digital party. Africa is starting to dip their toes in the water of crypto-currency. Let's get an update on another region that is just starting to become aware of the economic revolution that is Bitcoin. Bitcoin in the infancy stage in Middle East. While the most developed industrial regions of the world see Bitcoin in a toddler stage, the MENA region (Middle East....
International tech consultants Booz Allen Hamilton (BAH) have authored a report stating blockchain is “integral to supporting and realizing a digital economy in the Middle East.” Mid East Undergoing ‘Rapid Change’. The report, released today titled “Blockchain Technology – Can the Digital Economy Thrive Without It?” focuses on the benefits that....