From crypto winter to crypto spring: The challenges and opportunities of cryptocurrency in MENA – Atlantic Council

ByAlexandra Kaiss

On June 28, the Atlantic Councils empowerME Initiative, in partnership with ABANA, convened a virtual event to discuss the risks, challenges, and opportunities of the cryptocurrency landscape in the Middle East and North Africa (MENA), as well as the impacts of the recent cryptocurrency crashes. The event featured opening remarks by seriesOne FinTech Investment Banking Specialist in Blockchain & DeFi Protocols Anthony Hussain and closing remarks by Atlantic Council empowerME Initiative Director Racha Helwa. Atlantic Council Senior Advisor to the President and CEO & Nonresident Senior Fellow Michael Greenwald moderated a panel discussion featuring Circle CSO & Head of Global Policy Dante Disparte; MidChains COO Craig Lund; and Oliver Wyman Financial Services Partner Gokce Ozcan.

This was the fourth and final webinar in a joint series to shed light on the changing financial technology (Fintech) landscape in the MENA region, identify challenges and opportunities, and explore policy recommendations.

The key points from the discussion are summarized below.

Challenges in the current cryptocurrency landscape:

Humanitarian implications of digital currencies:

Opportunities for cryptocurrency:

Recommendations for stakeholders:

Alexandra Kaiss is a Young Global Professional with the Middle East Programs at the Atlantic Council. Follow her @alexandrakaiss.

Thu, Mar 10, 2022

MENASourceByAllison Holle

On March 1, the Atlantic Councils empowerME Initiative, in partnership with ABANA, held a virtual event to discuss the opportunities for inclusive finance that the financial technology (Fintech) sector presents to the Middle East and North Africas (MENA) population.

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From crypto winter to crypto spring: The challenges and opportunities of cryptocurrency in MENA - Atlantic Council