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DMCC launches Crypto Centre to champion cryptographic and blockchain technologies in Dubai
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Dubai launches crypto centre to champion cryptographic and blockchain technologies
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Dubai s DMCC launches Crypto Centre for new-gen asset and blockchain tech
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Cryptos polarising Dubai realty players
Reuters file photo
Farooq Syed, CEO Springfield Properties.
Arshad Khan, CEO of Arabian Bourse.
Recently, the Dubai Airport Free Zone Authority signed an agreement with the SCA to support the regulation, offering, issuance, listing and trading of crypto assets within the free zone.
The Dubai property market remains divided over buying and selling transactions through crypto-assets. The debate heated up since Samana Developers announced that they would execute realty transactions by accepting Dogecoin as a payment option for its upcoming residential project in Jumeirah Village Circle.
This is the second such move after Kiklabb, a Dubai government-owned licencing solutions service, started accepting cryptocurrencies in February as a payment option for trade licences and visa fees.
Cryptos polarising Dubai realty players
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