Technology news and insights in the Middle East, South Asia, and Africa
Technology News and insights in the Middle East, South Asia, and Africa
Morocco recorded more than 500 cybercrime cases in 2024 as authorities warned of increased use of digital tools and cryptocurrencies in organized crime and terrorism financing. The findings highlight growing risks linked to online platforms, crypto assets, and technology-enabled financial offenses.
Paribu has acquired CoinMENA for $240 million in Türkiye’s largest fintech transaction and its first international digital asset platform deal. The acquisition gives Paribu regulated access to MENA through licenses in Dubai and Bahrain, strengthening its regional expansion strategy. The deal highlights growing consolidation in the global crypto industry and positions Paribu as a major regulated player across Türkiye and the Middle East.
du has launched Cloud Miner, the UAE’s first telecom-led cloud mining service, enabling residents to securely and sustainably earn Bitcoin through subscription-based computational power rentals — reinforcing the country’s push toward digital finance innovation.
Algeria enacts a comprehensive cryptocurrency ban, criminalizing all related activities to reinforce financial system control and combat illicit funding. Violators face imprisonment and hefty fines under the new law.
Quid Miner’s mobile app removes technical barriers, enabling users to earn cryptocurrency conveniently through cloud mining with just a smartphone.
du has introduced cryptocurrency as a new payment option, allowing customers to pay their bills using digital currencies. In addition to Apple Pay, Samsung Pay, and debit/credit cards, this new feature marks du’s commitment to integrating innovative digital payment solutions into its services.
Rajab Butt, Ducky Bhai, and Nadeem Nani Wala have launched the YouTube channel “Join Elite Group,” which will focus on TikTok live streams, business startup tips, cryptocurrency investments, YouTube vlogging advice, and online business strategies. Butt’s viral vlogs, Ducky Bhai’s social media critiques, and Nadeem’s TikTok fame will shape the channel’s content.
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.