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Dubai Pushes Cryptocurrency: New $9 Billion Project in Maldives

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by Giorgi Kostiuk

4 hours ago


In 2025, the United Arab Emirates, especially Dubai, is striving to establish itself as a leading center of crypto innovations with several significant initiatives.

Maldives Project

The UAE, particularly Dubai, has announced plans to launch a $9 billion blockchain and digital asset hub in the Maldives. This project, actively involving investment from MBS Global Investments led by Sheikh Nayef bin Eid Al Thani, covers an area of 830,000 square meters and is expected to create up to 16,000 jobs.

Cryptocurrency in Dubai Real Estate

Dubai has also approved real estate purchases using bitcoin and other cryptocurrencies, indicating the growing integration of digital assets into the real economy. This change brings several advantages, including instant settlements and reduced transaction costs.

TOKEN2049 Moves to Dubai in 2025

TOKEN2049, one of the most prestigious cryptocurrency conferences, has announced its move to Dubai in 2025. This decision highlights the city’s attractiveness for investors, developers, and policymakers in the Web3 sphere, as well as its robust infrastructure.

Dubai is rapidly emerging as a global leader in cryptocurrencies and blockchain, actively investing in innovations and shaping the future of the digital economy on a global scale.

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