Morocco is set to legalize cryptocurrencies, reversing its 2017 ban, and exploring a Central Bank Digital Currency (CBDC), the e-dirham. This move supports financial inclusion and digital transformation, with the goal of enhancing public sector efficiency. The country aligns with global trends in blockchain technology and digital assets.
Crypto.com has partnered with Beyon Money to enhance digital payment solutions in Bahrain. This strategic collaboration, formalized through a Memorandum of Understanding, aims to leverage both companies’ strengths to improve transaction services and explore innovative opportunities in digital payments and artificial intelligence.
BRAC University has partnered with Turkish technology firm Nigella World to establish Bangladesh’s first Blockchain Academy. This initiative aims to develop a skilled workforce in blockchain technology, with initial applications in agriculture and finance, positioning Bangladesh as a leader in blockchain education and supporting its digital economy.
stc Bahrain has received the Middle East Technology Excellence Award for its Web3 Launchpad program, which supports innovative blockchain initiatives and the development of a robust Web3 ecosystem in line with Bahrain’s Economic Vision 2030.
Hyperfusion will unveil its latest AI computing solutions at the Dubai AI and Web3 Festival 2024. Attendees can experience interactive AI displays, cutting-edge GPU technology, and a free Arabic LLM chatbot. CEO Quentin Reyes will lead a discussion on AI’s transformative potential in the region.
This collaboration is set to strengthen the UAE’s burgeoning Web3 ecosystem, aligning with Abu Dhabi’s Economic Vision 2030.
