Solana Foundation and VARA of Dubai: Strategic Partnership
🚀 Solana Foundation and the Dubai Virtual Assets Regulatory Authority (VARA) have signed a Memorandum of Understanding. The goal is to actively develop the Solana ecosystem in Dubai, one of the leading crypto centers in the world.
Key Areas of Cooperation:
* Support for projects: Direct access for Solana founders to Dubai's dynamic blockchain market.
* Talent development: Joint educational programs for blockchain specialists.
* Knowledge exchange: Sharing economic data and expertise, conducting workshops and consultations.
* Strengthening positions: Supporting the Solana economic zone in the region.
Significance for the Market:
This partnership is seen as a strategic step that strengthens Dubai's role as a global crypto hub. The market reacted positively: the price of SOL jumped approximately 4%, reaching $162.
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What do you see for the future of Solana in Dubai?