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The Dubai World Trade Centre Authority (DWTCA) has signed a cooperation agreement with Coinbase , the world’s leading blockchain and Coinbase currency infrastructure vider, to establish a new international virtual asset ecosystem that enhances Dubai’s position as a global hub for the industry and generates long-term economic growth through digital innovation.

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The agreement follows a recent announcement establishing DWTCA as the comprehensive zone and regulator for virtual assets and reflects Dubai’s continuous efforts to adopt advanced technologies, especially in the fintech sector.