Tether Partners with DMCC for Dubai Tokenization
Tether signed a non-binding MoU with DMCC to explore USDT payment pilots and RWA tokenization through the DMCC Crypto Centre. #Update #Crypto $USDT
Dubai
Crypto Sponsorship Faces Crisis Amid Middle East War
TOKEN2049 Dubai postponed to April 21-22, 2027, due to regional safety concerns; TON Gateway Dubai canceled outright. Formula 1 races in Bahrain and Saudi Arabia face cancellation, impacting crypto sponsorships. #Update #Crypto $BTC
KuCoin Banned by Dubai Crypto Regulator
@KuCoin is ordered by Dubai’s Virtual Assets Regulatory Authority (VARA) to stop operations due to lack of licensing, following similar actions from Austria’s financial regulator. #Update #Legal $BTC $ETH
Real Estate Tokenization Launches $16 Billion Revolution
The Dubai Land Department and Ctrl Alt launched a secondary market for $5 million in real estate-backed tokens, enabling trading of 7.8 million tokens on the XRP Ledger. #Update #Crypto $XRP
Dubai License Approved for Animoca Brands
Digital asset venture capital firm @AnimocaBrands has secured a Virtual Asset Service Provider license in Dubai, enabling broker-dealer services and digital asset management. #Update #Crypto $MATIC
Blockchain Breakthrough Dubai’s 17-Story Crypto Tower
@DMCCAuthority and REIT Development reveal plans for a 17-story Crypto Tower in Jumeirah Lakes Towers, set to transform blockchain innovation with on-chain transparency and AI-driven solutions for Web3 startups. #Update #Crypto (+3) ↗