- The Middle East is advancing rapidly in crypto.
- Dubai recently launched its first crypto listing.
- Middle Eastern nations have always been leaders in innovation.
The Middle East is fully embracing crypto. So far, many blockchain-based cryptos have made their appearance in the Middle East. This is possibly due to Dubai’s first-ever crypto listing.
Besides Dubai’s big move, many other activities have also been set in motion in the Middle East. For instance, the Bank of Israel held a trial for a digital shekel. Moreover, it also did a study to see if digital currencies could positively impact the economy.
Thus, the researchers chose Ethereum to be the digital currency for a trial payment system. Meanwhile, another big crypto move in the Middle Eastern crypto space came from
This article was first published on coinquora.com