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The Blockchain Research Institute (BRI) has revealed plans to expand into several continents mid-year through partnerships with several banks, foundations, and organizations.The independent global think-tank for distributed ledger research already operates in Europe and Brazil, and will establish hubs of innovation and research in new regional centers. The goal is
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Data published by statistics firm Statista has revealed Nigeria is the leading country per capita for Bitcoin and cryptocurrency adoption, with nearly one in three survey respondents indicating they used or owned crypto assets in 2020.According to the survey, the pre-existing prevalence of mobile phone based peer-to-peer payments has led
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The Open DeFi Alliance has announced the launch of a western arm and onboarding of eight new member firms. Launched last month, the alliance seeks to unite leaders of the DeFi sector by forming a global cooperative consortium focused on innovation, risk management, and liquidity strategies.New members include decentralized finance
Read MoreData published by Arcane Research suggests that despite demand for peer-to-peer crypto trading platforms in the middle east, regulations and lack of infrastructure is slowing down adoption. But undocumented migrants in western countries have been making use of these platforms to send money back home.According to an October report from the
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Syrian developer Ghass Mo has been living off freelance bitcoin gigs from Kurdistan, Iraq, for nearly two years. “I get paid in bitcoin for doing work on open-source projects related to the cryptocurrency industry,” Mo said. “The first programmer I met was Amir Taaki. … I learned a lot from him
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Chinese officials are reportedly planning to create an East Asia digital currency to assert more independence from the United States dollar and foster trade relations within the region. According to a recent Nikkei Asia report, 10 members of the Chinese People's Political Consultative Conference, the country’s top political advisory body, proposed
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Zain Group — a leading telecoms provider in the Middle East and North Africa (MENA) region — has joined the governing council for enterprise-grade distributed ledger platform Hedera Hashgraph.Zain provides mobile voice and data services to over 49.5 million active customers and has a commercial presence in eight countries in
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In advance of her “Crypto Across Emerging Markets” panel at Consensus: Distributed, Leigh Cuen is writing a three-part column on how cryptocurrencies are used in the developing world. In this first part of the series, she looks at the Middle East.It is a truth universally acknowledged by pundits on Crypto
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An unlikely alliance between Syria and Libya could usher a new paradigm in the Middle East against Turkey’s wishes. Once again, oil prices hang in the balance. Gulf Arab producers are having a hard time keeping oil prices from falling now that Russia has reportedly backed away from production
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Companies like Sony and Kojima Productions have pulled out of various gaming events. Some people, such as the mayor of Boston, have accused them of being ruled by fear. Far from scaremongering, these decisions are an act of justified caution. The coronavirus outbreak has been one of the biggest
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