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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Green Data City partners with UAE’s Phoenix Group, launching a $300 million eco-friendly crypto-mining farm in Oman, bolstering the nation’s sustainable tech aspirations. Green Data City, an innovative project based in Oman, has signed an agreement with
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The Sultanate of Oman is inching closer to launching its own virtual asset regulations, with its financial markets regulator seeking public comments on its proposed regulatory framework governing digital assets, such as cryptocurrencies.The Capital Market Authority of Oman is currently in the process of drafting a comprehensive regime for the
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The Capital Market Authority (CMA), the regulator of Oman’s financial markets, looks to establish a new regulatory framework for the virtual asset industry in the Sultanate.According to a Feb. 14 press release, the new rules would include oversight of virtual asset activities, a licensing process for virtual asset service providers
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Real estate tokenization is set to be incorporated into Oman Capital Markets Authority (OCMA)’s virtual asset regulatory framework. According to an advisor with the authority, the tokenizing of real estate will open investment opportunities for local and foreign investors. Real Estate Tokenization Creates Investment Opportunities Oman Capital Market Authority (OCMA) is
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Oman Oil and Orpic Group and HSBC Bank Oman SAOG have conducted the first trade finance transaction on the blockchain in the country using R3’s Corda platform.As news publication the Oman Observer reported on Nov. 23, Oman Oil and Orpic Group — one of the largest oil and gas businesses
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