Tether partners with RAK DAO to advance crypto education and adoption in UAE

The collaboration, solidified through the signing of a Memorandum of Understanding (MoU), marks a significant step towards fostering blockchain education and adoption in the region.

Driving Crypto Adoption and Education

In alignment with RAK DAO’s mission to promote web3 innovation and spur economic growth, Tether will collaborate closely to facilitate the integration of cryptocurrency payments within the region.

Additionally, the partnership will see the development of comprehensive educational programs through Tether Edu, catering to individuals across various proficiency levels. These initiatives will cover a spectrum of cutting-edge topics including Bitcoin, blockchain, peer-to-peer technologies, stablecoin adoption, and real-world cryptocurrency applications.

Paolo Ardoino, CEO of Tether, expressed enthusiasm about the collaboration, underscoring the transformative potential of Bitcoin and blockchain technology in the region. He emphasized Tether’s commitment to working alongside RAK DAO to materialize this vision.

RAK DAO’s Vision for Blockchain Innovation

Dr. Sameer Al Ansari, CEO of RAK DAO, echoed Ardoino’s sentiments, highlighting the partnership as a pivotal moment in RAK DAO’s journey towards becoming a leading blockchain innovation center.

By harnessing the power of Bitcoin technology and cryptocurrencies, RAK DAO aims to drive economic growth, foster financial inclusion, and cement its position as a global leader in the digital economy.

This partnership comes amidst Tether’s recent announcement regarding the implementation of a robust transaction monitoring system for USDT, aimed at safeguarding against illicit activities associated with the stablecoin.

With Tether’s expertise in stablecoin issuance and RAK DAO’s dedication to blockchain innovation, this collaboration is poised to significantly accelerate the adoption and understanding of cryptocurrency technology in the UAE’s Ras Al Khaimah region.

All Dutch and English crypto news!

Nvidia faces ‘near zero chance’ of beating Bitcoin this decade again — Crypto execs

Technology company Nvidia outperformed Bitcoin over the past decade, but cryptocurrency executives see slim chances of a repeat.

How to train an AI bot to day-trade crypto

Learn the essential steps to create and train your own AI bot for day trading cryptocurrencies and potentially automate your trading decisions.

Marathon Digital enters renewable energy partnership with Kenyan gov’t

Marathon Digital, one of the world’s leading Bitcoin mining operations, announced a collaboration to overhaul Kenya’s renewable energy sector.

BitGo’s $100M suit against Galaxy can proceed — Delaware Supreme Court

After being dismissed by the Delaware Court of Chancery in 2023, the state’s supreme court ruled the definition of the merger agreement between BitGo and...

Beste exchanges

Koop je crypto bij Bitvavo