Dubai, Crypto
Inside Bitcoins · 18h
Dubai Unveils Plans for a State-of-the-Art ‘Crypto Tower’
Dubai has announced plans for a luxury “Crypto Tower” designed as a hub for blockchain and cryptocurrency enterprises. This ambitious project, led by DMCC and REIT Development, promises a blend of advanced technology, extravagant amenities, and business functionality to cater to startups and established firms alike.
gadgets360 · 1d
DMCC to Build 17-Storey 'Crypto Tower' in Dubai for Crypto, Web3 Firms
In March 2022, UAE Prime Minister Sheikh Mohammed bin Rashid Al Maktoum officially established the Virtual Assets Regulatory Authority (VARA) to monitor Web3 in Dubai. All Web3 players looking to set up shops in Dubai are mandated to identify themselves with VARA. The body maintains communication with Web3 players and guides them when needed.
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