Solana Foundation Signs Memorandum of Understanding with Dubai Virtual Asset Regulatory Authority, Enhancing Collaboration on Talent and Data

BlockBeats News, June 3rd, according to official sources, the Solana Foundation announced the signing of a Memorandum of Understanding with the Dubai Virtual Asset Regulatory Authority (VARA). The memorandum lays the foundation for deep cooperation between cryptocurrency developers and regulatory bodies, including:

Talent development program, sharing economic impact + industry data, hosting workshops and advisory meetings for founders, supporting the Dubai Solana Economic Zone.

The announcement stated that Dubai is already one of the most proactive cities globally in promoting cryptocurrency development. This collaboration will help Solana founders directly seize this opportunity.