The world economy is changing quickly! It is clear that the role crypto plays is getting more and more important! Every day brings us news. As usual, we would like to share a selection of trends and developments the team of Evercode Lab views as noteworthy.
14.03
Another nation is trying to strengthen its standing in the next-gen industry of digital assets. As it is reported, Bahrain has allowed Binance to operate in the Kingdom. The license granted to Bahrain makes it possible for their crypto team to deal with ‘crypto trading, custody, and portfolio management services.’ What matters most in this respect is that this license is the first one of its kind in the MENA region.
15.03
Dubai follows suit and takes a similar direction. From now on, FTX Europe is allowed to ‘operate a crypto exchange and trading house’ in the Emirate. What is of particular interest is the fact that oil-rich nations and regions are competing with each other to ensure an attractive and friendly environment for crypto players. These strategic decisions will definitely inspire optimism!
16.03
It has always been obvious that NFTs are a tempting thing for social media. After all, what could be a more logical thing to do for social networks than experimenting with this lucrative and popular type of assets?
And as Mark Zuckerberg states, Instagram is likely to add non-fungible tokens ‘to its platform in the next ‘several months!’
17.03
Some other news for Dubai. Stella Stays, a local hospitality brand, has made it possible for their customers to ‘pay for services with cryptocurrencies.’ As for the list of available digital assets, it includes ETH, BTC, and 35 other coins.
18.03
Spotify seems to be searching for web3 development experts! It appears to be that this music giant may soon start to experiment with NFTs and add them to their product portfolio.
