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The Dubai Multi Commodities Centre (DMCC) announced the signing of a Memorandum of Understanding (MoU) with Tether, the world's largest digital assets company, to develop blockchain infrastructure and tokenized finance in Dubai. The agreement includes enhancing cooperation in areas such as digital payments, educational activities, and events like hackathons, with the aim of supporting the DMCC ecosystem and expanding the use of digital technologies in trade and business. The center also plans to launch two new platforms to support learning and consulting, further strengthening Dubai’s position as a global hub for business and innovation.
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