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Crypto Trading Platform Rain Gets Faster, Direct Payments

The partnership with Tarabut Gateway is the first “directly integrated” open banking API in the MENA crypto sector.

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crypto trading platform rain gets faster and direct payments

Tarabut Gateway, the largest open banking platform in the MENA region, has announced a new partnership with Rain, the region’s first fully-regulated crypto assets trading platform.

Rain is licensed by the Central Bank of Bahrain as a crypto broker and offers users a safe, secure space to buy and sell crypto and store their assets. Meanwhile, Tarabut Gateway provides connectivity for payments between banks and fintech, offering a smooth, fast payment process for end users.

The partnership is the first of its kind in the MENA region. It will help to bring about faster, lower-cost fiat-to-crypto transfers to end-users in Bahrain, enabling direct payments from bank accounts without the need to leave Rain’s platform.

abdulla almoayed founder and ceo of tarabut gateway

“We’re delighted to unveil a solution to make fiat-to-crypto transfers quicker, more secure, and cost-effective. Our partnership with Rain is a perfect cross-sector synergy, made possible by Bahrain’s advanced open banking ecosystem,” says Abdulla Almoayed, Founder and CEO of Tarabut Gateway.

Also Read: Best Data Recovery Services In The Middle East

The new payment method utilizes Tarabut Gateway’s open banking solution to facilitate fiat-crypto-fiat transfers, reducing errors and unlocking significantly increased transfer speeds compared to traditional bank services. The upgrade is part of Rain’s strategy to provide users with a premium, seamless crypto wallet experience.

“Through quick and efficient deposit mechanisms, crypto traders on Rain’s platform will now be able to seamlessly fund their accounts and capitalize on market movements,” says Joseph Dallago, Chief Executive Officer of Rain.

The partnership comes as MENA’s crypto sector expands at a breakneck pace. According to Chainalysis, the region is the world’s fastest-growing crypto market, with trading volumes climbing nearly 50% in the year to June 2022.

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YouTube Rolls Out Supervised Children’s Accounts Across MENA

An industry-first feed timer lets parents cap Shorts scrolling. Access can also be switched off entirely ahead of exam season.

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youtube rolls out supervised children's accounts across mena
YouTube

YouTube has launched supervised kid accounts across the Middle East and North Africa, giving parents a way to hand their children the main YouTube app without handing over all of it. Announced in Dubai on July 2, the accounts are built directly into the platform rather than the standalone YouTube Kids app, and are aimed at families who feel a child has outgrown the curated library but isn’t ready for the open feed.

Parents can choose from three content settings, each broadly aligned with international content ratings. Explore covers educational videos, tutorials, arts and crafts, and dance. Explore More adds gaming and live streams. Most of YouTube opens up almost everything except videos rated 18+ or deemed inappropriate for supervised accounts.

The standout tool is an industry-first Shorts feed timer, which lets parents set daily limits on short-form scrolling. Set it to zero and Shorts disappears altogether – a lever YouTube suggests parents might pull ahead of exam season. Other protections are on by default for all users under 18: “Take a Break” and “Bedtime” reminders, no personalized ad targeting, autoplay switched off, and no ability to upload videos or write comments. The accounts are optional, and parents can end supervision at any time.

The kid accounts join supervised teen accounts already available across the region, which notify parents by email when a teenager uploads a video or starts a live stream.

“YouTube has been a huge part of families’ lives across this region for over 20 years,” said Javid Aslanov, head of YouTube Middle East and North Africa, citing Kantar research showing 95% of viewers in Saudi Arabia and the UAE agree YouTube has top content in education and learning.

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“It’s essential that we protect young people in – not from – the digital world,” added Garth Graham, YouTube’s head of health.

The new settings are rolling out gradually across the MENA, including the Kingdom of Saudi Arabia, Oman, Kuwait, Qatar, Bahrain, Jordan, Lebanon, Egypt, Tunisia, Algeria, and Iraq. The latest features can be set up through Family Center in the YouTube app or via Google Family Link.

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