United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One such project is the DeFi cryptocurrency Arabic Cash.
After six months of development and several months of Private Trading, the Arabic Cash project proved its serious intentions and development prospects. It is rightfully the first independent crypto project created in support of the global “Blockchain Strategy 2021” of the United Arab Emirates. The main motto of Arabic Cash is Largest Arab Investment Strategy. Throughout this time, they tried to find government connections in the project. But the creators, which are the joint group of Arab real estate companies, have denied any involvement with the state.
According to them, Arabic Cash should attract investments in