×
Sunday, June 15, 2025

Crypto News Recap: Dubai Launches Metaverse Strategy - Al Bawaba

Last week has been a somewhat volatile yet positive week for crypto markets, as the rising prices are hiking the overall sentiment of traders who rushed back into the market at the first hint of rising prices.
Top 10 NFT Games Worth Checking in 2022
In Crypto News Recap this week, Dubai plans on becoming a Metaverse hub and launches an ambitious plan to attract 5,000 blockchain and metaverse companies to UAE by 2027. Also, UAE residents will soon be able to trade virtual assets in AED using their local bank account thanks to a new partnership. While Epic Games Snub Minecraft NFT Ban. On less optimistic news, Tesla's Q2 Report Shows $936m $BTC Sold.
Without any further ado, let’s spill the peas of last week's news!
Metaverse to Contribute $4 Billion To Dubai’s Economy
Crown Prince Sheikh Hamdan recently unveiled a master plan that intends to increase the number of blockchain and metaverse enterprises in Dubai from 1,000 to 5,000 in five years. The Dubai Metaverse Strategy wants to...



Read Full Story: https://www.albawaba.com/business/crypto-news-recap-dubai-launches-metaverse-...

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.