Dubai crypto ambitions soar with Solana and Ripple moves
Dubai is cementing its role as a leading crypto-friendly hub through strategic collaborations with major blockchain firms.
On June 3, financial authorities in the region announced different initiatives with Solana and Ripple to build on earlier efforts to integrate digital assets into its economy.
These moves further position Dubai as a global center for blockchain innovation and align with the UAE’s broader ambition of driving digital transformation across industries.
Solana partners with Dubai’s VARA
The Solana Foundation, the non-profit organization behind the high-flying Solana network, has signed a memorandum of understanding with Dubai’s Virtual Assets Regulatory Authority (VARA).
This agreement is designed to promote…
