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Last updated: June 17, 2025, 23:52  |  Written by: Justin Sun

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Rain

Mass layoffs at major Middle Eastern crypto exchange due to

Rain, A Middle Eastern Crypto Exchange, Layoffs Dozens Of Employees. The Russia and Ukraine war, inflation issues other factors. Read more.

Rain Financial Inc. is laying off hundreds of its employees amidst

Crypto News Recap: Bahraini Crypto Exchange Fires 120 Employees

Experience: Rain Crypto Exhange for Dubai people : r/dubai - Reddit

Bahrain RAIN Crypto exchange sheds its employees like a snake

Indeed

Middle East-based cryptocurrency exchange Rain, licensed by the Central Bank of Bahrain and operating in the Gulf states has cut “a lot” of jobs amid the market downturn.

Indeed, the Coinbase-backed Rain Financial Inc. has laid off dozens of its employees during the recent market sluggishness, persons with direct knowledge of the

Rain, A Middle Eastern Crypto Exchange, Layoffs Dozens Of

Bahraini Crypto Exchange Rain Fires

The largest crypto exchange in the Middle East is affected by the ongoing market volatility, affecting the operations of crypto companies. Rain decided to notify its employees about the

Bahraini Crypto Exchange Rain Fires 120 Employee. Due to “prolonged bearish conditions”, Rain Financial Inc, one of the few crypto exchanges in MENA, has laid off

Crypto Exchange Rain Lays Off Many Staff Members – Crebex

I Was Looking For An

I was looking for an AED on- and off-ramp. After researching I kept away from BitOasis and went with Rain. All good, quick deposit on own account name with them. But here’s the thing.

Middle Eastern cryptocurrency exchange Rain eliminates jobs

So while crypto exchanges flock and grow in the MENA region specifically in Bahrain and the UAE, RAIN crypto exchange has laid off more than 120 employees.

In An Age Of Layoffs

In an age of layoffs, it’s only natural that such a trend would continue so long as the crypto winter remained in full force. Right now, it appears the latest firm to say goodbye to several members

Justin Sun can be reached at [email protected].

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