Ras Al Khaimah Launches World's First Digital Assets Oasis

Ras Al Khaimah, one of the emirates of the UAE, has made history with the launch of the world's first Digital Assets Oasis. This common law Free Zone is exclusively dedicated to digital and virtual asset companies, paving the way for a new era of Web3 collaboration. Let's delve into the resounding success of the launch event and the shared vision for the future of digital assets and emerging technologies in the United Arab Emirates.

Celebrating the Launch of the Digital Assets Oasis

Explore the grand event that marked the beginning of a new era of Web3 collaboration in the UAE.

Ras Al Khaimah's Digital Assets Oasis was launched with great fanfare at the prestigious Al Hamra International Exhibition and Convention Center. The event brought together visionaries, influential figures, and government dignitaries from around the world to reflect on the future of digital assets and Web3 technologies.

With over 850 attendees, 40 speakers, and 11 exhibitors, the launch event showcased the global interest and support for the initiative. Exhibition partners such as RAKBANK, HBAR Foundation, Binance, and Solana Foundation provided immersive experiences and activations, further highlighting the potential of the Digital Assets Oasis.

Keynote Speech by His Highness Sheikh Saud bin Saqr Al Qasimi

Discover the inspiring words of His Highness Sheikh Saud bin Saqr Al Qasimi, the UAE Supreme Council Member and Ruler of Ras Al Khaimah.

His Highness Sheikh Saud bin Saqr Al Qasimi delivered a keynote speech at the launch event, emphasizing the importance of innovation and its transformative power. He highlighted Ras Al Khaimah's commitment to embracing new tech sectors and playing a leading role in driving sustainable growth in the region.

His inspiring words set the tone for the event, reinforcing the vision of Ras Al Khaimah as a premier hub for innovation in the digital economy.

Memorandum of Understanding (MoU) Signing

Learn about the historic MoU signing between RAK DAO and SCA, paving the way for collaboration and growth in the digital asset industry.

During the launch event, a historic Memorandum of Understanding (MoU) was signed between RAK DAO and the Securities and Commodities Authority (SCA). This MoU signifies a significant step towards strengthening the digital asset industry and establishing a framework for collaboration and regulation.

The MoU sets the stage for future partnerships and initiatives that will drive innovation and growth in the digital economy of Ras Al Khaimah.

Insights from Industry Leaders

Gain valuable insights from industry leaders on AI, digital assets, CBDCs, and the transformative power of blockchain.

The launch event featured panels and discussions with esteemed industry leaders from around the world. Experts such as His Excellency Gabriel Abed, Andrea Prazakova, Pierre Samties, Amy Oldenburg, Alex Chehade, Pascal Gauthier, and Yat Siu shared their insights on various topics.

Attendees had the opportunity to delve into subjects like AI and digital assets, strategies for safeguarding digital asset policies, the shift from Web2 to Web3, the role of CBDCs, and how blockchain is reshaping traditional businesses.

RAK DAO: Fostering Collaboration and Innovation

Discover the vision of RAK DAO in becoming a global hub for digital asset innovation and fostering collaboration within the Free Zone.

RAK DAO aims to become the central hub for global digital asset innovation worldwide. By drawing in international partners and fostering collaboration within the Free Zone, RAK DAO is solidifying Ras Al Khaimah's position as a premier hub for innovation in the digital era.

The launch event showcased the enthusiasm and commitment of all participants, setting the stage for a bright digital future in Ras Al Khaimah. RAK DAO is dedicated to driving innovation, supporting startups, and building a strong global presence in the digital economy.

Conclusion

The launch of the Digital Assets Oasis in Ras Al Khaimah marks a significant milestone in the world of digital assets and virtual asset companies. The grand event brought together global visionaries, industry leaders, and government dignitaries to celebrate the future of Web3 collaboration in the UAE.

Ras Al Khaimah's commitment to innovation and its dedication to fostering collaboration within the Free Zone solidify its position as a premier hub for digital asset innovation. With the historic MoU signing, insights from industry leaders, and the visionary leadership of His Highness Sheikh Saud bin Saqr Al Qasimi, the Digital Assets Oasis is poised to drive sustainable growth and shape the digital landscape of the region.

As we reflect on this momentous occasion, we are inspired by the enthusiasm and commitment of all participants. The launch event has set the stage for a bright digital future in Ras Al Khaimah, where innovation and collaboration thrive in the digital economy.

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