đ´ Maldives: From Honeymoons to Hash Rates? đ¸
The Maldives might soon be known less for sunsets and more for smart contracts! A Dubai-based family office, MBS Global Investments, is pledging $8.8 billion to build a blockchain-powered financial hub in the island nationâmore than the country's entire GDP.
Faced with mounting debt and a need to diversify beyond tourism, the Maldives plans to launch the Maldives International Financial Centreâa massive 830,000 sq.m. project aimed at becoming a global crypto hotspot, generating 16,000 jobs.
Backed by Qatari royal Sheikh Nayef bin Eid Al Thani, this bold move could transform paradise into a fintech powerhouse. Risky? Yes. Visionary? Also yes.
From bikinis to blockchainâMaldives is betting big on the future. đď¸đ
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