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News and updates from the leading cryptocurrency platform in the Middle East

Crypto in MENA

By RAIN EDITORIAL TEAM - Apr 19, 7:00 PM

54% of Saudi and UAE Respondents: Crypto Should Be Used for Payments According to a study by checkout.com - 54% of respondents in the UAE and Saudi Arabia believe cryptocurrency should be used for payments and not just as an investment asset. This is 9% higher than the global average of 45. 

Emirates Airlines announces plans to expand into the Metaverse and launch own NFTs Dubai-based Emirates Airline revealed its plans to enter the Metaverse and the NFT world with the launch of its own NFTs. The airline company explained its entrance into the digital space as part of its strategy to improve customer and employee satisfaction, as well as boost its profits. 

Investcorp launches the first global institutional blockchain fund Investcorp is a leading global alternative investments firm. This week they announced the launch of eLydian Lion, the first dedicated institutional blockchain fund based in the GCC, with an eye on global investments.

Rain is licensed by the Central Bank of Bahrain as a Category 3 Crypto-Asset Services Provider. We are headquartered in the Kingdom of Bahrain

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