Maldives Plans $1B Blockchain Financial Hub by 2029

Quick Summary:

The Maldives is making a bold leap into the world of blockchain and fintech with the announcement of its flagship initiative, the Maldives International Financial Centre (MIFC).

This revolutionary initiative will be a world-class blockchain centre spanning a whopping 830,000 square meters, and that will redefine the nation’s economic landscape.

Sustainability is also a central aspect of the plan.

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Article Details

Author / Journalist: Zayan

Category: Crypto

Markets: United Arab EmiratesIndiaKyrgyzstanMaldives

Topics: Market Updates Market News Blockchain

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-05 @ 11:04:57 (15 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 270 words

Reading Time: 2 minutes read

Sentences: 21 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 28403757

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 12 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Publisher ID: #125

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