Tag: Dubai
-
Ripple Boosts Crypto Custody in Dubai with Ctrl Alt Partnership
—
by
Ripple has taken a major step forward in expanding its crypto custody operations in the Middle East. The blockchain company has partnered with Ctrl Alt, a regulated Virtual Asset Service Provider (VASP) in Dubai, to support the Dubai Land Department’s (DLD) Real Estate Tokenization Project. This collaboration marks a key milestone in Ripple’s global crypto…
-
Dubai Selects XRP Ledger for Groundbreaking Real Estate Tokenization
—
by
Dubai’s real estate market is embracing blockchain technology in a groundbreaking move, with the Dubai Land Department (DLD) selecting the XRP Ledger (XRPL) as the settlement layer for a pilot program that tokenizes property title deeds. This initiative, part of the Real Estate Evolution Space Initiative (REES), integrates blockchain with traditional land registry systems, aiming…
-
Eric Trump Urges Banks: Embrace Crypto or Face Obsolescence
—
by
Eric Trump, executive vice president of the Trump Organization and son of former US President Donald Trump, has issued a bold warning to traditional banks: adapt to the rise of cryptocurrency or risk becoming obsolete. Speaking from Dubai, Trump outlined his vision for the future of finance and revealed plans for a US dollar-backed stablecoin.…
-
Dubai to Launch 17-Story Crypto Tower as Web3 Hub
—
by
Dubai has announced its latest innovation in the blockchain and Web3 sector—the construction of a 17-story Crypto Tower in Jumeirah Lakes Towers. Developed by the Dubai Multi Commodities Centre (DMCC) in collaboration with REIT Development, the tower aims to establish Dubai as a global leader in blockchain, decentralized finance (DeFi), and artificial intelligence (AI). A…