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Ras Al Khaimah in the UAE is launching RAK Digital Assets Oasis, a free zone for digital and virtual asset companies. The purpose-built zone will support emerging technologies in the virtual assets sector, including blockchain, NFTs, and DApps. The free zone is set to open for applications in Q2 2023. (Read More)
A new blockchain body has been launched with the backing of industry leaders in the Middle East region including figures from Binance, Crypto.com and the largest crypto exchange in the region.
The proposed partnership aims to build a crypto-friendly digital city similar to the virtual free zone in Dubai.
UAE’s regulator is supporting crypto-asset trading. The DWTCA can now issue licenses and approvals. It can do so for those
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