crypto.news 2025-04-07 10:29:31

Dubai land regulator teams up with crypto watchdog to drive real estate tokenization

Dubai’s real estate and crypto regulators have signed a cooperation deal to explore tokenisation in property registration and management. Dubai’s land and virtual assets regulators have signed a new agreement to support real estate tokenization and improve rules around the use of cryptocurrencies in property transactions, following the launch of a pilot aimed at linking property tokenization with the real estate registry. In a press release on Sunday, the Dubai Land Department said it signed the deal with the Dubai Virtual Assets Regulatory Authority in a bid to connect real estate registration with tokenization using a governance system that “enhances market liquidity and improves the efficiency of property management companies.” Officials say the plan could make it easier for small investors to access the real estate market and help grow the sector. You might also like: The Dubai FSA launches Tokenization Regulatory Sandbox for crypto firms Helal Saeed Al Marri, Director-General of the Dubai Department of Economy and Tourism, says the partnership reflects the “future-focused innovation,” adding that partnership with the Dubai Virtual Assets Regulatory Authority aligns “with the objectives of the Dubai Real Estate Strategy 2033 and the Dubai Economic Agenda D33, which reinforce Dubai’s global leadership in one of the most vital sectors.” In mid-February, crypto.news reported that the Virtual Assets Regulatory Authority plans to require licensed crypto issuers and service providers to disclose the names of major crypto holders, or “whales,” especially if most tokens are owned by a creator or institution. VARA’s boss Matthew White explained that the move could help investors better understand the products they are buying, as many tokens are controlled by third parties like venture capitalists. Read more: Dubai to build 17-story crypto tower for Web3 hub

Enim loetud uudised

Brazil eyes yuan-backed sovereign bonds amid...
2025-05-15
Blockchain Innovation Explored at Corporate I...
2025-05-15
WazirX News: Singapore Court Hearing Postpon...
2025-05-15
Telegram shuts the ‘largest darknet marketpla...
2025-05-15
QCP Insights: Crypto Surges as US-Saudi Trade...
2025-05-15
Bitcoin Tops $104K as Global Market Momentum...
2025-05-15
XRP Activity Surges While Whale Opens Leverag...
2025-05-15
Nebraska Lawmakers Approve Crypto Mining Limi...
2025-05-15

Seotud uudised

SHIB grows by 23% in a Week, But Experts Suggest R...
15 May 2025
Top Asset Manager Reveals How Much XRP Must Rise t...
15 May 2025
Did Pi Network Mislead Its 70M Users? Pioneers Spe...
15 May 2025
Stablecoin bill won’t target Trump as Senate aims...
15 May 2025
Brazil’s New Crypto Regulation Framework Targets F...
15 May 2025
Looking For High-Potential Investments? Check Out...
15 May 2025

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine