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The Middle East and North Africa (MENA) region now boasts the world’s fastest-growing cryptocurrency market, according to a survey by blockchain analytics and research firm Chainalysis. MENA Received $566bn in Crypto in 12 Months The study, which was released on…
More and more Egyptians are now joining the cryptocurrency mining business in a bid to survive economic hardships brought about by the COVID-19 pandemic. At present, more than 16,000 Egyptian youths are actively mine bitcoin and altcoins and that number…
National Bank of Egypt (NBE), the country’s oldest and largest bank in terms of assets, has inked a strategic partnership deal with Ripple, the San Francisco-based blockchain project in charge of XRP. The deal will enable NBE to tap Ripple’s…
In a bid to encourage cryptocurrency and blockchain adoption in Egypt, the National Bank of Egypt (NBE) announced that it has joined the R3 Blockchain Consortium on April 22, 2018. R3 is a software enterprise firm that is working closely…