Muslim traders can now gain access to a global trading platform that is fully aligned with stringent Islamic legal standards.
US prosecutors had initially recommended a three year jail term.
The company plans to bridge gaps in one of the financial market's most underserved demographics, according to its CEO.
As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.
The crypto exchange has conducted a study revealing MENA investors' bullish sentiment on BTC, with 82% planning increased 2024 investments.
The move takes cryptocurrencies a step further towards full Wall Street integration.
The $300 million facility is expected to be fully operational by Q2 2024.
PayPal USD can be used to make purchases or pay other users.
The Gulf state has also prohibited cryptocurrency mining.
The cryptocurrency exchange has massive plans for regional and world domination after doubling trading volumes in the MENA region and increasing its user base to 15...