United Arab Emiratesone of the seven emirates of Ras Al Khaimahfor digital and virtual asset companies made a move.
The proliferation of cryptocurrencies has created a popularity in every region of the world. Globally prominent cryptocurrencies have also become the main focus of many countries.
A keen eye on cryptocurrencies and digital assets United Arab Emiratesone of the seven emirates Ras Al KhaimahHis move drew attention. Ras Al Khaimahdedicated to digital and virtual asset companies announced the world’s first free zone.
Ras Al Khaimah Opens Its Doors to Digital and Virtual Asset Companies
United Arab Emiratesone of the seven emirates of Ras Al Khaimah( RAK), RAK Digital Assets OasisHe announced that he wanted to start .
RAK Digital Assets Oasis will be a free zone for non-regulated activities in the virtual asset sector. This region plans to deliver true innovation and serve purpose.
Government of Ras Al Khaimahwill allocate this free zone to digital and virtual asset companies. RAK Digital Assets Oasis, Metaverse will be made available to many industries such as blockchain, utility tokens, virtual asset wallets, NFTs, DAOs.
Ras Al Khaimah aims to be the only free zone in the world by allocating this zone to companies serving in the field of Web3 and digital assets.
