Solana Foundation and VARA sign MOU to launch Dubai economic zone and boost Web3 talent
The post Solana Foundation and VARA sign MOU to launch Dubai economic zone and boost Web3 talent appeared on BitcoinEthereumNews.com. Dubai’s digital asset development takes a new step, with the Solana Foundation signing a strategic Memorandum of Understanding (MoU) with the Virtual Assets Regulatory Authority (VARA) of Dubai. The agreement announced on June 3 centers around talent development, regulatory collaborations, and support for the newly proposed Solana Economic Zone in Dubai. Solana Foundation just signed an MOU with VARA, Dubai’s Virtual Assets Regulatory Authority. It sets the stage for deep collaboration between crypto builders and regulators:> Talent development programs> Sharing economic impact + sector data> Workshops + advisory sessions for… pic.twitter.com/vFXCDqzkZx — Solana (@solana) June 3, 2025 This partnership will help Dubai to integrate Web3 technology seamlessly with its economic planning. Technical and regulatory training, economic data exchange, and targeted support for blockchain startups maneuvering through Dubai’s licensing framework will be part of the joint programs. Founders will also be able to connect with investors and policymakers through regular workshops, which aid in their understanding of compliance requirements. The Solana Economic Zone will be a dedicated environment for founders and developers. The site will give direct access to VARA’s regulatory insights and business advisory resources. The agreement also covers a plan to share anonymized data to evaluate the effects of digital assets on the growth in employment and the economy of the UAE. Solana joins AIX and Interbix to launch tokenized IPOs Similarly, the Solana Foundation has also signed another MoU with Kazakhstan’s Astana International Exchange (AIX), Interbix, and Jupiter. This deal paves the way for a dual listing framework to occur by combining traditional stock exchange infrastructure with tokenized offerings based on Solana’s blockchain. Within this framework, companies planning to do an IPO on AIX could also issue tokenized versions of their shares in Interbix. Solana will serve as the blockchain layer, and Jupiter’s decentralized tools will handle the…
The post Solana Foundation and VARA sign MOU to launch Dubai economic zone and boost Web3 talent appeared on BitcoinEthereumNews.com.
Dubai’s digital asset development takes a new step, with the Solana Foundation signing a strategic Memorandum of Understanding (MoU) with the Virtual Assets Regulatory Authority (VARA) of Dubai. The agreement announced on June 3 centers around talent development, regulatory collaborations, and support for the newly proposed Solana Economic Zone in Dubai. Solana Foundation just signed an MOU with VARA, Dubai’s Virtual Assets Regulatory Authority. It sets the stage for deep collaboration between crypto builders and regulators:> Talent development programs> Sharing economic impact + sector data> Workshops + advisory sessions for… pic.twitter.com/vFXCDqzkZx — Solana (@solana) June 3, 2025 This partnership will help Dubai to integrate Web3 technology seamlessly with its economic planning. Technical and regulatory training, economic data exchange, and targeted support for blockchain startups maneuvering through Dubai’s licensing framework will be part of the joint programs. Founders will also be able to connect with investors and policymakers through regular workshops, which aid in their understanding of compliance requirements. The Solana Economic Zone will be a dedicated environment for founders and developers. The site will give direct access to VARA’s regulatory insights and business advisory resources. The agreement also covers a plan to share anonymized data to evaluate the effects of digital assets on the growth in employment and the economy of the UAE. Solana joins AIX and Interbix to launch tokenized IPOs Similarly, the Solana Foundation has also signed another MoU with Kazakhstan’s Astana International Exchange (AIX), Interbix, and Jupiter. This deal paves the way for a dual listing framework to occur by combining traditional stock exchange infrastructure with tokenized offerings based on Solana’s blockchain. Within this framework, companies planning to do an IPO on AIX could also issue tokenized versions of their shares in Interbix. Solana will serve as the blockchain layer, and Jupiter’s decentralized tools will handle the…
What's Your Reaction?
