One of the emirate of the UAE, Ras Al Khaimah, has established a Digital Assets Oasis (RAK DAO), claimed to be “the world’s first and only common law Free Zone dedicated to digital and virtual asset companies”, has celebrated the “resounding success” of its launch with a grand event to mark the start of a new era of Web3 collaboration in the United Arab Emirates (UAE).
The event, held October 19th, 2023 at the prestigious Al Hamra…