- Situé dans l emblématique Almas Tower de Dubaï, le DMCC Crypto Centre est destiné à devenir un écosystème florissant offrant une variété de services aux.
DUBAI: Dubai’s DMCC commodities hub has become the second free zone in the emirate to target the crypto sector.
It has launched the DMCC Crypto Center for businesses operating in the cryptographic and blockchain sectors and comes just days after the Dubai Airport Freezone Authority (DAFZA) said it has won regulator approval for the trading of crypto assets.
A recent move by the UAE government to legalize full foreign ownership in some sectors of the UAE economy means that some free zones are now looking to change their business models.
Located in Dubai’s Almas Tower, the DMCC Crypto Center is set to be a hub for the development and application of crypto and blockchain technologies, DMCC said in a statement carried by the WAM news agency.
Dubai’s DMCC opens its new Crypto Centre for crypto, blockchain businesses
The DMCC Crypto Centre aims to be a hub for the development and application of crypto and blockchain technologies
May 25, 2021
Dubai based freezone DMCC has launched its new Crypto Centre to support businesses operating in the cryptographic and blockchain sectors.
Located in Almas Tower, the DMCC Crypto Centre offers co-working spaces for all types and sizes of crypto businesses, from companies developing blockchain-enabled trading platforms, through to firms offering, issuing, listing, and trading crypto assets.
It will also house a crypto advisory practice led by CV Labs, the entity behind the Switzerland government-backed Crypto Valley (CV).
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The Dubai Multi Commodities Centre has set up a new space that will house companies developing crypto and blockchain technology.
The Crypto Centre is the result of a partnership with Switzerland’s CV Labs, the organisation behind the Swiss government-backed Crypto Valley.
It is part of the free zone’s own Crypto Valley – an ecosystem for cryptographic, blockchain and distributed ledger technology entities in the UAE.
“This is a fantastic new development. Crypto and blockchain technology has enormous potential to transform global trade and supply chains . and this aligns perfectly with the DMCC’s vision to drive the future of trade,” said Ahmad Hamza, free zone executive director at the DMCC.
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The Dubai Multi Commodities Centre (DMCC) launched a new Crypto Centre that will house companies developing crypto and blockchain technologies.
The new facility is being rolled out in partnership with Switzerland-based CV Labs, the organisation behind the Swiss government-backed Crypto Valley.
The centre is part of the free zone’s own Crypto Valley – an ecosystem for cryptographic, blockchain and distributed ledger technologies in the UAE.
“This is a fantastic new development. Crypto and blockchain technologies have enormous potential to transform global trade and supply chains … and this aligns perfectly with the DMCC’s vision to drive the future of trade,” Ahmad Hamza, free zone executive director at DMCC, said.