🇧🇭 National Bank of Bahrain launches first Bitcoin investment fund for institutional investors in the GCC! 🚀

- Fund partners with ARP Digital, 100% loss protection and profit cap.

- Abdullah Kanoo, co-founder of ARP Digital: “Highly secure, calculated investment.”

- Bahrain attracts many digital asset businesses thanks to its friendly fintech and crypto ecosystem.

🇦🇪 UAE also advances in crypto regulation. VARA Dubai issues comprehensive guidance for Web3 companies.

- Chainalysis report: MENA accounts for 7.5% of global crypto transactions, $338.7 billion from July 2023 to June 2024.

- Trading is mainly through centralized exchanges, but UAE and Saudi Arabia are interested in decentralized platforms.

What do you think about this development? Comment now! 💬