Dubai Land Department (DLD) has officially launched its Real Estate Tokenization Project, partnering with Ctrl Alt, the Virtual Assets Regulatory Authority (VARA), Dubai Future Foundation, and PRYPCO to introduce blockchain-based property title deeds. This marks the first government-led tokenization initiative of real estate assets in the Middle East, aiming to ...
Dubai is redefining property investment in the Middle East with the launch of Prypco Mint, the region’s first tokenized real estate platform. As reported by Gulf News on May 25, the initiative is led by the Dubai Land Department (DLD). It aims to make real estate investment more accessible by ...
Dubai is moving closer to becoming a fully cashless society following a new agreement announced at the Dubai Fintech Summit. The initiative, spearheaded by the Dubai Department of Finance (DOF), will introduce a digital payment channel enabling individuals and businesses to pay government service fees using cryptocurrency. The collaboration, involving ...
MEXC has announced a $300 million Ecosystem Development Fund to mark its seventh anniversary, signalling a significant shift in its strategic direction. The announcement made during the Token2049 event in Dubai highlights MEXC’s ambition to evolve from a user-focused trading platform into a foundational force in blockchain infrastructure. The newly ...
Dubai has taken a bold step toward integrating blockchain technology into its real estate sector, launching a pilot phase for converting property assets into digital tokens. The Dubai Land Department (DLD), the government body overseeing real estate regulation and registration, announced the initiative in partnership with the Dubai Future Foundation ...
Dubai’s financial regulators are set to launch the country’s first Tokenization Regulatory Sandbox, inviting crypto firms to participate in a controlled testing environment. According to an official announcement, registrations will be open from March 17 to April 24 under the supervision of the Dubai Financial Services Authority (DFSA). The initiative, ...
Dubai is once again set to host the second edition of the Middle East Blockchain Awards (MEBA) on April 29, 2025 at the Jumeirah Burj Al Arab. The event's organizers, Hoko Group, announced in a February 6 press release that it retains its goal to recognize individual and organizational contributions ...
HashKey Group announced on January 13, 2025, that its subsidiary in the Middle East and North Africa has received conditional approval for its Virtual Asset Service Provider (VASP) license application from the Dubai Virtual Assets Regulatory Authority. The license will allow HashKey's MENA FZE subsidiary to offer Virtual Asset Exchange ...
Dubai-based crypto exchange BitOasis reached a significant regulatory milestone by obtaining a full Virtual Asset Service Provider (VASP) license from Dubai's Virtual Assets Regulatory Authority (VARA). The exchange revealed this in an announcement on December 9. The license enables the crypto exchange to offer a comprehensive range of crypto services, ...
Dubai, Switzerland, and South Korea have been identified as the top global hubs for cryptocurrency businesses in 2024, according to a recent report by Social Capital Markets(SCM). SCM stated that it judged the countries based on five key parameters: clarity of laws, capital gains tax rate, corporate income tax rate, ...
