Ras Al Khaimah Launches Free Zone for Digital Asset Industries

On October 19, Ras Al Khaimahs leader, Sheikh Saud bin Saqr Al Qasimi, unveiled the RAK Digital Assets Oasis (RAK DAO). This new economic zone is designed to promote businesses in the domains of blockchain, Web3, AI and other cutting-edge digital technologies. As detailed by reports, RAK DAO is set up primarily for service providers operating in modern digital landscapes. This includes areas like the metaverse, utility tokens, blockchain, decentralized applications, virtual wallets, nonfungible tokens, and other advanced Web3 businesses. Moreover, RAK DAO will offer grant programs in...

source: https://tokenpost.com/Ras-Al-Khaimah-Launches-Free-Zone-for-Digital-Asset-Industries-10849

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