The spring got a lively start for the crypto space with the return of a long-awaited event, Token 2049 Dubai. Taking place on April 30 – May 1, the event gathered together prominent industry players and attracted thousands of visitors, turning the emirate into a vivacious Web3 hub. As a platinum sponsor of the event,…
The government of Dubai has signed an agreement with crypto exchange Crypto.com to launch crypto payments for government services. The agreement, formalized during the Dubai fintech Summit on May 12, is part of Dubai’s cashless strategy, which hopes to foster the city’s transition to “a fully digital, cashless society,” by introducing “a new digital payment…
The CEO of crypto exchange OKX’s Middle East and North Africa (MENA) division has called on the industry to prioritize real-world utility as interest in tokenizing real-world assets (RWAs) continues to grow. In a Cointelegraph interview at the Token20249 event in Dubai, OKX MENA CEO Rifad Mahasneh warned that while tokenization is promising, projects must…
The Stacks Asia DLT Foundation has become the first Bitcoin-based organization to establish an official presence in the Middle East, aiming to promote institutional Bitcoin adoption through expanded educational initiatives. Midd— one of the world’s fastest-growing financial centers — in a move that could boost the adoption of its Bitcoin layer-2 (L2) solution in the Middle…
Belong’s onchain ChainAtlas scavenger hunt anchors a curated roster of 40 builder panels, mixers and parties that transform Token2049 Dubai into a city-scale Web3 experience. As Token2049 Dubai kicks off April 30 – May 1, the city becomes a playground for Web3, and the real momentum happens off-stage. From zero-knowledge summits to rooftop parties, this…
Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector. On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through…