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Global financial institutions including Citigroup, Standard Chartered, and HSBC are shuttering regional offices and activating contingency plans following direct threats to Gulf banking interests. Reuters reports that Citigroup and Standard…
Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial…
Stablecoin issuer Tether has announced a $3 million strategic investment in the Kem app, a platform for money transfers and financial management. This collaboration aims to introduce USDT on Kem’s…
The Central Bank of Qatar recently announced the completion of the infrastructure development supporting an in-house-built CBDC. The bank estimates that the project will enter its experimental stages this year…
Following bitcoin’s climb beyond the $65,000 mark, social media has been buzzing with discussions about the rumored acquisition of bitcoin by a billionaire from Qatar post the Bitcoin Atlantis conference…
According to a myriad of reports, the People’s Republic of China has been buying hoards of gold during the last year. Consequently, World Gold Council (WGC) statistics show the demand…
Following the World Gold Council’s (WGC) third-quarter report that shows central banks purchased a record amount of gold, data released by the WGC shows that central banks are buying more…
During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has put massive pressure on bitcoin…
Several Chinese platforms are introducing metaverse tech in their coverage of Qatar’s 2022 soccer World Cup. The experiences, which will use virtual reality (VR) headsets and 5G as base tech,…
Spain, Portugal and Brazil national teams' fan tokens are experiencing a price price boom as the World Cup gets underway.