UAE To Construct Massive Crypto Tower In Dubai

January 16, 2025

The United Arab Emirates (UAE) is set to build a 17-story Crypto Tower in Dubai by 2027, according to DMCC and REIT Development. The tower will include office floors for crypto startups, blockchain incubators, an AI innovation floor, a crypto club, and an NFT art gallery. A Top Destination Dubai has long been a top destination for crypto enthusiasts due to its progressive regulations, strong infrastructure, and government support for digital innovation. The city offers a thriving ecosystem for crypto startups, investors, and professionals. This project follows a pre-existing crypto center in Uptown Tower, which supports crypto-oriented firms with licensing and regulatory services. DMCC expects the new tower to be completed by Q1 2027, with operations beginning shortly after. Global Expansion Elsewhere, a Bitcoin Hotel in Tokyo, planned by Metaplanet, will open in Q3 2025, aiming to promote Bitcoin adoption, education, and community. Other crypto-themed projects include IKAR Holdings, which is currently planning a chain of Bitcoin Hotels in Portugal and Cyprus. Similarly, the Satoshi Island project, aiming to create a blockchain-based economy on an island near Vanuatu, is progressing with villa designs, while Akon City , a crypto-powered smart city in Senegal named after the famous singer, has faced setbacks, with local authorities threatening to reclaim 90% of the land unless progress is made soon.

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