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Oman and Kyrgyzstan Invest Millions of Dollars in Cryptocurrency Mining

The Ministry of Transport, Communications, and Information Technology in Oman has announced the opening of a new cryptocurrency mining center worth 135 million Omani rials (over 350 million dollars) in the Salalah Free Zone. This comes after the announcement of another mining center in...

Regulation of Virtual Assets in Oman

The Sultanate of Oman is moving towards launching systems to regulate its virtual assets, as the Capital Market Authority seeks to gather public opinions on the proposed regulatory framework for digital assets, such as cryptocurrencies. Comprehensive Regulatory Framework The Capital Market Authority in Oman is currently...