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In a bold and unexpected move, the Trump Organization has officially launched the Trump International Hotel & Tower in Dubai, an 80-floor luxury project located on Sheikh Zayed Road. But what truly caught global attention wasn’t the opulence or penthouses priced at $20 million—it was Eric Trump’s announcement that the property would accept cryptocurrency payments, including Bitcoin . This moment is more than just a marketing stunt. It marks a pivotal shift for the role of crypto in high-value real estate transactions in the Middle East . The Trump name carries massive global recognition. Having it associated with Bitcoin transactions in a luxury Dubai development sends a strong signal: cryptocurrencies are moving into elite territory. This will likely build trust among traditional investors and encourage institutional interest in digital assets. The UAE—and especially Dubai—has already laid the groundwork for digital asset innovation. With frameworks like VARA and the establishment of a regulatory-friendly climate, this development aligns perfectly with Dubai’s ambition to become a global crypto and Web3 hub . Trump Tower’s embrace of crypto may now act as a benchmark for other developers seeking to attract international, tech-savvy investors. The Trump Tower development bridges the gap between the digital and physical asset worlds by accepting Bitcoin for property purchases. It proves that crypto isn’t just for speculation—it can now secure tangible, multimillion-dollar assets in one of the world’s most luxurious cities. Expect similar announcements from developers across the Gulf. Crypto payments at this scale demand proper infrastructure—compliant payment gateways, crypto-fiat conversion, KYC/AML protocols, and more. That means banks, regulators, and fintechs in the Middle East will have to adapt quickly, pushing forward a new era of financial innovation. With Dubai taking the lead, neighbouring countries like Qatar, Saudi Arabia, and Bahrain may follow. Policymakers may see this as an opportunity to attract global crypto wealth, setting off a wave of crypto-friendly legislation and investments across the Gulf. This isn't just about a tower. It's about what the Trump brand represents in the context of Dubai’s luxury scene—and what Bitcoin means to modern investors. The convergence of these two worlds is sending a clear message: Crypto is no longer just digital speculation. It’s now brick, mortar, and luxury living. In a bold and unexpected move, the Trump Organization has officially launched the Trump International Hotel & Tower in Dubai, an 80-floor luxury project located on Sheikh Zayed Road. But what truly caught global attention wasn’t the opulence or penthouses priced at $20 million—it was Eric Trump’s announcement that the property would accept cryptocurrency payments, including Bitcoin . This moment is more than just a marketing stunt. It marks a pivotal shift for the role of crypto in high-value real estate transactions in the Middle East . The Trump name carries massive global recognition. Having it associated with Bitcoin transactions in a luxury Dubai development sends a strong signal: cryptocurrencies are moving into elite territory. This will likely build trust among traditional investors and encourage institutional interest in digital assets. The UAE—and especially Dubai—has already laid the groundwork for digital asset innovation. With frameworks like VARA and the establishment of a regulatory-friendly climate, this development aligns perfectly with Dubai’s ambition to become a global crypto and Web3 hub . Trump Tower’s embrace of crypto may now act as a benchmark for other developers seeking to attract international, tech-savvy investors. The Trump Tower development bridges the gap between the digital and physical asset worlds by accepting Bitcoin for property purchases. It proves that crypto isn’t just for speculation—it can now secure tangible, multimillion-dollar assets in one of the world’s most luxurious cities. Expect similar announcements from developers across the Gulf. Crypto payments at this scale demand proper infrastructure—compliant payment gateways, crypto-fiat conversion, KYC/AML protocols, and more. That means banks, regulators, and fintechs in the Middle East will have to adapt quickly, pushing forward a new era of financial innovation. With Dubai taking the lead, neighbouring countries like Qatar, Saudi Arabia, and Bahrain may follow. Policymakers may see this as an opportunity to attract global crypto wealth, setting off a wave of crypto-friendly legislation and investments across the Gulf. This isn't just about a tower. It's about what the Trump brand represents in the context of Dubai’s luxury scene—and what Bitcoin means to modern investors. The convergence of these two worlds is sending a clear message: Crypto is no longer just digital speculation. It’s now brick, mortar, and luxury living.

Ant Financial CEO: Officially launches RWA blockchain Jovay to accelerate global low-carbon economic transformation At the RWA Real Up Summit on April 30, local time in Dubai, Ant Digits announced the launch of Jovay, a Layer2 blockchain platform for overseas markets, which focuses on RWA transactions, with a throughput of 100,000 TPS and a response time of 100 milliseconds on the chain. Jovay adopts an innovative three-stage hierarchical confirmation mechanism to ensure the verifiability of transactions and promote global RWA assets into the era of "millisecond-level trusted transactions". CEO Zhao Wenbiao said that Ant Digits hopes to promote the "dual hub linkage" of Hong Kong and Dubai through innovative technologies, accelerate the global low-carbon economic transformation, and enhance the global liquidity of new energy assets.

The UK government has unveiled comprehensive draft legislation aimed at regulating cryptocurrency exchanges, dealers, and agents. Announced by Chancellor of the Exchequer Rachel Reeves during UK Fintech Week, the proposed rules aim to enhance consumer protection, boost investor confidence, and promote innovation within the growing crypto industry. Under the new framework , crypto firms operating in the UK will be required to adhere to stringent standards on transparency, consumer protection, and operational resilience, aligning them with the regulatory expectations of traditional financial institutions. This move comes in response to the rapid rise in crypto adoption across the UK, where approximately 12% of adults have engaged with cryptocurrencies, up from 4% in 2021. The legislation also extends its reach to overseas firms offering services to UK retail clients, ensuring that any business dealing directly or indirectly with UK consumers secures appropriate authorization from the Financial Conduct Authority . This includes operations such as crypto asset trading platforms, stablecoin issuance, custody services, and staking activities. “This is a massive year for crypto in the UK,” said Keith Grose, head of UK at Coinbase, speaking to CNBC. “The FCA and the Bank of England are rolling out their crypto regulation regime this year … this is the year for the UK to show that it can lead from the front.” In a bid to address the global nature of digital assets, the UK is strengthening its international regulatory ties, particularly with the United States. Chancellor Reeves recently met with U.S. Treasury Secretary Scott Bessent in Washington, D.C., where they discussed collaboration on digital asset regulation. The discussions included proposals from U.S. SEC Commissioner Hester Peirce for a transatlantic regulatory sandbox, aimed at allowing firms on both sides of the Atlantic to develop compliant digital securities solutions collaboratively. This transatlantic cooperation is set to continue through the UK–U.S. Financial Regulatory Working Group, with the next meeting scheduled to further explore ways to support the responsible growth of digital assets. The UK government’s proactive approach reflects its commitment to making Britain a global hub for fintech and responsible digital asset innovation. The draft legislation is part of the government’s broader “Plan for Change” agenda, which aims to drive growth and innovation across the UK’s financial services sector. Grose said there are two major hurdles the UK must overcome to make crypto competitive: de-banking and regulation. “Fifty percent of crypto firms have been denied a bank account in the UK or been offboarded… You can’t build the future of the financial system here if we don’t have that level playing field.” The final crypto legislation is expected to be introduced following industry consultation on the draft provisions, with the government planning to publish its first Financial Services Growth and Competitiveness Strategy on July 15. As the UK positions itself at the forefront of digital asset regulation, these developments signify a concerted effort to balance innovation with consumer protection, ensuring that the crypto industry can thrive within a secure and well-regulated environment.

Interchain Foundation backs Stride to build IBC-native DEX on Cosmos Hub

Beijing releases blockchain action plan, aims to achieve more than 10 breakthroughs by 2027 Beijing Municipal Science and Technology Commission, Zhongguancun Science Park Management Committee and other departments jointly issued the "Beijing Blockchain Innovation Application Development Action Plan (2025-2027)". The "Action Plan" clearly puts forward the main goals: by 2027, the ability of autonomous and controllable blockchain technology to support the national digital infrastructure foundation will be significantly improved. By then, more than 10 breakthroughs such as PB-level trusted storage will be achieved in core technology fields such as blockchain-specific chips and privacy protection, and more than 20 excellent application cases will be formed in 5 key areas such as artificial intelligence large models, and a national blockchain hub node will be initially built. (CCTV News)