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Maldives Announces $9 Billion Blockchain Hub to Diversify Economy
Maldives Announces $9 Billion Blockchain Hub to Diversify Economy
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The Maldives has inked a landmark $9 billion deal with Dubai-based MBS Global Investments to establish a blockchain and cryptocurrency hub in Malé. The project, exceeding the nation’s $7 billion GDP, aims to reduce reliance on tourism and fishing by attracting global crypto investment.
Construction of the Maldives International Financial Centre is slated for completion within five years. The initiative signals a strategic pivot toward digital asset infrastructure in a region traditionally dependent on natural resources.
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