Dubai’s DMCC Unveils 17-Story Crypto Tower to Drive Blockchain Innovation
The Crypto Tower will feature over 150,000 square feet of leasable space, including nine floors of offices tailored for crypto startups and established enterprises.
The Crypto Tower will feature over 150,000 square feet of leasable space, including nine floors of offices tailored for crypto startups and established enterprises.
Ben El-Baz, Managing Director of HashKey Global, emphasized Bitcoin's decentralized, inflation-resistant nature as a challenge to traditional assets like gold and U.S. Treasury bonds.
The block came to light after Alex Zuo, vice president of investments and custody at Cobo, shared a screenshot of the GRA’s notice on social media.
Public feedback on the policy is invited until Jan. 24, after which it may pave the way for Kenya to join other African nations like South Africa and Nigeria in implementing crypto regulations.
The Department of Justice (DOJ) has already begun transferring portions of the cache, moving nearly $2 billion worth of Bitcoin to Coinbase on December 3, under a custody arrangement with Coinbase Prime through the U.S. Marshals Service.