According to Crypto Rover, Al Abraaj Restaurants Group has become the first publicly listed company in Bahrain to add Bitcoin to its treasury holdings. This move signals growing institutional acceptance of Bitcoin as a strategic asset in the Middle East, potentially encouraging other Gulf region companies to follow suit. For crypto traders, this adoption represents a bullish signal for BTC demand in emerging markets and highlights expanding real-world utility, which could positively influence Bitcoin's price action and trading volumes. Source: Crypto Rover on Twitter, May 15, 2025.

According to Sumit Gupta (@smtgpt) on Twitter, BitOasis has officially launched in Bahrain, leveraging CoinDCX’s advanced technology to introduce secure and compliant crypto trading to the GCC market. The expansion aims to onboard over 1 million users by 2026, signaling a major move for both institutional and retail traders in the region. The launch highlights the GCC’s growing role in global crypto adoption and could drive increased trading volumes and liquidity for major cryptocurrencies in the Middle East. This development is particularly relevant for traders watching regional market growth and the regulatory landscape. Source: Sumit Gupta (@smtgpt) on Twitter, May 15, 2025.

According to Crypto Rover, the Dubai government has announced it will begin accepting Bitcoin and other cryptocurrency payments. This major policy shift, shared on May 13, 2025, signals increased institutional adoption of digital assets and is expected to drive higher trading volume and liquidity in the crypto markets. Traders should monitor Bitcoin and major altcoins, as this move could attract global investors and increase price volatility, particularly in the Middle East market segment. The decision aligns with Dubai's ongoing efforts to position itself as a leading crypto hub. Source: Crypto Rover on Twitter.

According to Crypto Rover, Ripple has become the first blockchain payment provider to receive licensing from the Dubai Financial Services Authority, signaling regulatory approval in a key global financial hub and potentially increasing institutional adoption and liquidity for XRP trading pairs (source: Crypto Rover on Twitter, May 1, 2025). This development positions Ripple for expanded operations in the Middle East, which may catalyze increased trading volumes and market participation in XRP, especially as Dubai strengthens its role as a crypto-friendly jurisdiction.