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XRP, TON win approval in Dubai International Financial Centre free trade zone
2.11.2023
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well
Solana Joins Dubai’s Largest Free-Trade Zone to Foster Web3 Adoption
16.10.2023
Solana Foundation, the nonprofit organization behind the layer-1 blockchain Solana, has joined the largest free trade zone in the UAE – the Dubai Multi Commodities Centre (DMCC) – as an ecosystem partner, to tap into the Web3 value in Dubai.
The collaboration will enable Solana to offer technical...
Dubai Free Trade Zone Partners With South Korean Companies to Expand Web3 and Metaverse Business
18.3.2023
The Dubai Multi Commodities Centre, one of the biggest free trade zones in the world, signed agreements with governments and companies in South Korea to bring more Web3 and metaverse businesses to the emirate. The objective of this move is to consolidate the status of Dubai as an international...
Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes
17.6.2021
Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners....
Dubai Government Licensing Entity Now Accepts Bitcoin for Payments
17.2.2021
A government-owned entity in Dubai has started accepting bitcoin, ether and tether as payment for its services, according to local media reports. Kiklabb is a free trade zone that helps companies set up shop in Dubai, a wealthy city and emirate in the United Arab Emirates (UAE). Kiklabb issues...
South Korea Considers Blockchain-Run Free Trade Zone
7.7.2020
The South Korean government considers a free trade zone for industrial hemp run on a blockchain-based platform
First Blockchain Free Trade Zone in China + More News
5.12.2019
White GuanYin statue in Hainan. Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The Chinese island province of Hainan is set to create the nation’s first blockchain...
China’s Hainan Free Trade Zone Pledges $140M in New Blockchain Support
5.12.2019
China’s Hainan Free Trade Zone has pledged $140 million to developing blockchain in the pilot jurisdiction