UAE virtual asset regulator in Abu Dhabi,   FSRA (Financial Services Regulatory Authority) of ADGM ( Abu Dhabi Global Market) has enhanced its capital markets framework, allowing for the trading of NFTs   (Non Fungible tokens) on virtual asset regulated platforms, This means that MTFs/Custodians (Multilateral trading Facilities) operating within ADGM are now able to seek approval from the FSRA to engage in Non-Fungible Token (NFT) activities. As per the news, these are considered significant enhancements to its capital markets framework, across spot commodities, securities, derivatives, benchmarks, environmental instruments and virtual assets that will further improve on its innovative and progressive regime and leadership in financial markets. Alongside its innovative approach to virtual assets, the ADGM has now implemented its regulatory framework for spot commodity and environmental instrument activities, making it the first international financial centre in the MENA region to

   Lawrence H. Summers, the renowned American economist who served as the 71st United States Secretary of Treasury from 1999-2001 under Bill Clinton, as well as the Director of the National Economic Council from 2009 to 2010 under Barack Obama, will be offering his insights into the global economy and financial markets as well as his views on crypto and Blockchain during the 13th edition of AIM Summit being held on the 21st and 22nd of November 2022 in Dubai UAE.   AIM Summit is the region's leading forum for providing insights on investment developments and global market conditions. This year, special emphasis is placed on the current global economy, inflation, stagflation and recession. Summers will provide his views on why the U.S. will likely be headed into a recession within the next two years. Summers will discuss how globalization, trade, and technology will play a pivotal role in the future of the global economy. In 2021, Summers repeatedly called out the potential

  Despite the dire economic situation and maybe because of it, many startups are turning towards solutions built on blockchain and crypto. Lebanon has become one of the leading countries in MENA region for crypto mining, and crypto trading. Recently, the American University of Beirut witnessed a 48 hour Blockchain Crypto Hackathon which culminated in the success of four Lebanese startups offering innovative crypto blockchain solutions. Organized by the Darwazah Center for Innovation Management & Entrepreneurship (DC) at the Olayan School of Business (OSB) within th American University of Beirut (AUB) in partnership i-Park and Beirut Digital District, four Lebanese crypto blockchain startups were announced as winners.  First prize went to CrypLock, which is working to bring trustless operations to cover over the counter crypto transactions via a digital escrow. The second Prize went to Cash2Coin, which is working to make crypto transaction as easy as ATM operations via stablecoin