May 7, 2023

Dubai Hosts World Token Summit on June 21

World Token Summit

World Token Summit

Dubai, one of the world’s top crypto hubs in the world, will witness the launch of the World Token Summit from June 21 to 22. 

It aims to shed light on various perspectives and big opportunities in the fields of blockchain and cryptocurrency in addition to bringing pioneering crypto companies to Dubai and discussing the developments of the crypto industry from a regulatory point of view, according to Geekmetaverse

The two-day event will focus on several topics, including Dubai’s emerging crypto industry, investing in NFTs, discovering Web3 opportunities in the Middle East, navigating the crypto winter, building blockchain ecosystems for growth, and token economics 2023 and beyond. 

The summit is hosted by Vostad, a leading global event, business excellence, and industry catalyst. It targets to attract emerging crypto exchanges, blockchain enthusiasts, crypto projects, investors, entrepreneurs, and industry leaders to the emirate. 

The event’s speakers will be Founding CEO of Helion Ventures Oliver Von Wolff, Cofounder of Halalverse Zahid Mir, Deputy General of Council OKX Nicole Purin, CEO of Cypher Capital Vineet Budki, and Senior Manager of SEBA Bank Nasha Afshar. 

Dubai was ranked the world’s second-largest crypto hub following London, a recent research showed. 

Recap, a crypto tax software and crypto portfolio tracker, conducted research on the most cryptocurrency-ready cities in the world. The index comprises eight criteria, such as crypto-specific events, crypto meet-ups, the number of crypto workers and companies, R&D spending as a percentage of GDP, and the quality of life score in each city.

Dubai’s place pushed it to be the pioneering spot for cryptocurrency and blockchain technology in the Middle East in light of issuing several laws on the regulation and operation of crypto, the London-based firm said. Crypto investors saw Dubai as a desirable location for its 0% tax policy, high quality of life, and large number of crypto-based companies, which reached 772. 

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