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- 【Gate Daily Market Digest】📊
Unlock today’s key crypto market insights at a glance!
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- #Digital Asset Market Clarity Act#
US House Republicans have introduced the Digital Asset Market Clarity Act to clarify crypto regulations. The bill gives the CFTC exclusive authority over digital commodity spot markets, and crypto platforms can register with either the CFTC or SEC. Will this reshape crypto regulation? What’s your take?
#Trump Tariff Update#
A US appeals court has reinstated Trump-era tariffs during the appeal, and further tariff hikes (up to 15% for 150 days) are being considered. Could these tariffs return? How might this affect the crypto market?
#Nvidia Tops Global Marke - 🏆 Gate Wins “Best Crypto Exchange 2025”!
Gate has been awarded Best Crypto Exchange 2025 at the E-Business Awards by Entrepreneur Middle East, recognizing Gate’s achievements in security, compliance, and user trust.
Thank you to our global community — we’ll keep building a safer, more reliable crypto experience!
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Dubai has announced the launch of a pilot project for real estate tokenization, converting real estate into digital Tokens to simplify the buying, selling, and investment processes.
According to a report by Cointelegraph on March 20, the Dubai Land Department has begun implementing a pilot project for real estate tokenization.
The project is launched in collaboration between the Dubai Future Foundation (DFF) and the Dubai cryptocurrency regulatory authority, the Virtual Assets Regulatory Authority (VARA). Authorities expect that by 2033, the market value of tokenized real estate will exceed $16 billion, which the agency claims is equivalent to 7% of the total real estate transaction value in Dubai.
DLD Director General Marwan Ahmed Bin Ghalita stated, "By converting real estate assets into digital tokens recorded on blockchain technology, tokenization simplifies and enhances the buying, selling, and investment processes."
An executive working at an RWA platform regulated by VARA stated that DLD's new project may open up the Dubai real estate market to global investors.