Dubai gov’t agencies to link real estate registry with property tokenization

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Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector.

On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system. 

The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management…



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Dubai gov’t agencies to link real estate registry with property tokenization



Dubai’s real estate and crypto regulatory authorities have signed a new agreement aimed at expanding digital asset adoption in the real estate sector.

On April 6, the Dubai Land Department (DLD) announced an agreement with the Virtual Assets Regulatory Authority (VARA). According to the announcement, the agreement will link Dubai’s real estate registry with property tokenization through a governance system. 

The agreement aims to improve digital infrastructure and attract global investment by enhancing market liquidity and property management…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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