CoinMENA Blog

CoinMENA is proud to support multiple stablecoins across a variety of networks, offering fast, efficient, and low-cost digital transactions.

At CoinMENA, we are always looking for ways to expand our offerings and provide our users with access to the most exciting and innovative digital assets in the market.

CoinMENA will be among the first platforms globally—and the only platform in the MENA region—to offer RLUSD once it is released.

This week, we bring you exciting local updates from the UAE. First, the UAE announced that crypto transactions are now exempt from VAT, and the Central Bank has approved the country’s first AED stablecoin.

This week, the Chainalysis Geography Report shows MENA is the 7th largest crypto market in the world, fintech giants PayPal and Visa are expanding their crypto financial services offerings, and we have an update on BTC and ETH ETF flows.

98% of the world still does not own bitcoin, we are still early. The time to act is now.

All signs point to the next 18 months being the most exciting period in Bitcoin’s history. Prepare accordingly.

By becoming an official partner, the Dubai-based company will enhance crypto, deposit, and purchase capabilities for its users in the MENA region.

This week, the Fed surprised markets with a 50 bps rate cut, fintech giant Revolut revealed plans to issue its own stablecoin, the SEC approved BlackRock’s Bitcoin options trading, and CoinMENA announced a new partnership with Mesh.