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Dubai’s $9B Crypto Bet Could Turn Maldives Into Next Digital Asset Oasis
Dubai’s $9B Crypto Bet Could Turn Maldives Into Next Digital Asset Oasis
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A deep-pocketed Dubai family office just placed a $9 billion wager that this tropical paradise will become the next crypto hotspot—because nothing says ’financial innovation’ like palm trees and blockchain.
The move signals a growing trend of capital fleeing traditional hubs for sunnier regulatory climates. While skeptics might call it another rich gambler’s paradise play, the Maldives’ zero-tax stance could make it a magnet for crypto’s nomadic elite.
Watch out Singapore—there’s a new sandbox in town. And this one comes with overwater bungalows and margin calls served in coconuts.
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