<ul><li>The government of the Maldives has agreed on a $9 billion deal with a family office in Dubai to construct a blockchain and cryptocurrency hub in the capital city, Male, to attract investment and diversify the economy.</li><li>The project, larger than the Maldives' GDP, is planned to be completed in approximately five years and will cover 830,000 square meters, potentially employing 16,000 individuals.</li><li>Other places like Dubai, Singapore, and Hong Kong are already ahead in the crypto race, with initiatives like putting land records on blockchain and fostering ecosystems for tech and fintech companies.</li><li>Maldives' move towards building a financial center of this scale signals a significant departure for the nation, aiming to leverage the fast-growing crypto influence globally and attract investors.</li></ul>

Tropical Blockchain Boom: Maldives Unveils $9 Billion Crypto Investment Haven

Discover more