Crypto Captures The Mideast Market {Crypto Captures The Mideast Market} – English

Crypto Captures The Mideast Market {Crypto Captures The Mideast Market} – English

The post Crypto Captures The Mideast Market appeared first on Wealth-X.


 

The Bitcoin Fund, that invests in long-term holdings of the cryptocurrency and was the first of its type to be listed on a major exchange, expanded to Nasdaq Dubai last week to ensure trading to all hours around the globe.

 

In Israel, where a recent central bank study concluded a digital currency could have a positive impact on the economy, Ethereum was picked for a trial of the payment system.

 

There was a word of caution, however. Qatar’s Chief Investment Authority Chief Executive Officer Mansoor Bin Ebrahim Al Mahmoud told Bloomberg’s Qatar Economic Forum that cryptocurrencies “need a bit of maturity before we make our view about investing.”

 

Read the full story on Bloomberg here.

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