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  • Camel Gold Coin Global Launch: The World’s First Nation-Backed, Gold and Cultural Asset Dual-Pegged Compliant Stablecoin

    Camel Gold Coin Global Launch: The World’s First Nation-Backed, Gold and Cultural Asset Dual-Pegged Compliant Stablecoin


    A new era for on-chain cultural value

    Amid the accelerating convergence of fintech and cultural assets, the MENA region is giving rise to a landmark digital financial innovation—Camel Gold Coin. As the world’s first regulatory-compliant stablecoin dual-pegged to national gold reserves and real-world cultural assets (RWA), this initiative represents a strategically endorsed national-level project. It signals the official dawn of a new infrastructure: the Internet of Cultural Value.

    Gold stability meets cultural wealth: A dual-peg value hard currency framework

    Camel Gold Coin is driven by a high-performing team with deep expertise in Web3 technologies and global regulatory coordination. The core members possess multidisciplinary backgrounds across traditional finance, blockchain, the cultural sector, and cross-border compliance. With proven execution in digital asset projects and a strong specialization in merging RWAs with on-chain finance, the team is uniquely equipped to realize this vision.

    The host country is widely recognized for its progressive regulatory innovation and advanced digital financial infrastructure, making it one of the most policy-forward and rapidly growing Web3 markets globally. With initiatives such as regulatory sandboxes and cross-border payment pilots, the country provides a solid institutional foundation for compliant digital asset innovation.

    Camel Gold Coin adopts a “Gold + Cultural Asset” dual-pegged model:

    • Gold Reserve Peg: Backed by the country’s national gold company and sovereign vaults, delivering robust creditworthiness and price stability.
    • Cultural Asset Peg: Tied to the region’s iconic camel ecosystem, encompassing breeding, healthcare, racing, cultural IP, and trading—where elite racing camels can fetch tens of millions of USD individually. The total valuation of this cultural asset class is projected to reach into the tens of billions.

    This dual-pegged mechanism not only enhances price stability but also creates a hybrid of monetary strength and cultural identity—a new class of “Cultural Financial Hard Currency”. It offers a replicable model for financial innovation in the Global South.

    Regulatory innovation and institutional leadership

    Camel Gold Coin was born within a globally leading regulatory innovation environment. From the outset, it has been integrated into national regulatory sandboxes and cross-border payment pilot programs, covering the full asset lifecycle: custody, minting, stabilization, and secondary trading.

    The project has already secured approvals from multiple policy and financial regulatory bodies and has officially entered the closed testing phase. This milestone marks the creation of a scalable, repeatable compliance framework for issuing cultural asset-backed digital currencies—not just a technological breakthrough, but a sovereign financial innovation led by national strategy.

    With its home country’s pioneering advantage in digital finance and RWA compliance, Camel Gold Coin is fast becoming a global benchmark in Web3 governance and regulation. It stands as both a cutting-edge fintech solution and a foundational layer of strategic cultural-financial infrastructure.

    Laying the financial infrastructure for cultural assets on-chain

    Surrounding Camel Gold Coin is the development of a comprehensive, global-ready financial infrastructure for cultural assets, supporting digital ownership, international transactions, and ecosystem growth:

    • Camel Chain: A high-performance blockchain specifically designed for cultural RWAs, supporting asset registration, NFT minting, and smart contract execution—establishing a robust foundation for on-chain rights and transactions.
    • iCamel Network: A cross-border payment system targeting regions underserved by traditional banking. It focuses on high-frequency sectors like cultural commerce and agri-trade across the Middle East, Africa, and South Asia.
    • Cultural Asset Digitization Platform: A standardized bridge between physical cultural assets and on-chain representation, connecting the traditional creative economy with global digital finance.
    • Developer Toolkit: A suite of SDKs, APIs, multichain bridges, and node services to empower developers and accelerate ecosystem growth across the cultural finance sector.

    This infrastructure not only powers Camel Gold Coin but also lays the groundwork for a sustainable digital finance ecosystem for cultural value globally.

    Camel gold coin: Bridging culture and finance, ushering in the era of digital sovereignty

    Camel Gold Coin is not merely another form of stablecoin — it represents a paradigm shift across technology, finance, and culture. Through its dual-anchor structure of “gold + cultural assets,” it introduces a new type of digital currency that simultaneously embodies price stability, cultural identity, and financial sovereignty, redefining the fundamental value logic of stablecoins.

    In a global landscape where most stablecoins are pegged to the US dollar, Camel Gold Coin offers a new pathway grounded in the cultural confidence and financial autonomy of the Global South. It sets forth a viable model for emerging economies to build digital financial infrastructures that align with their own value systems. It is not only a technological tool to hedge against inflation, but also a new financial narrative with culture as its core asset.

    The project has now entered its closed testing phase and is expected to officially launch globally by the end of October 2025. It will debut during the upcoming international camel racing season, covering diverse use cases such as event payments, NFT minting, and cultural asset trading, making it one of the first empirical cases of integrating cultural assets with blockchain-based finance.

    The significance of Camel Gold Coin has long surpassed the category of “stablecoin.” It is a bridge between the financialization of cultural assets and the digitization of value, a new conduit for developing countries to express digital monetary sovereignty, and a universal infrastructure connecting traditional civilizations with future financial systems. Camel Gold Coin is leading cultural finance from the periphery to the center stage, ushering in a new global digital order jointly driven by next-generation stablecoins and cultural assets.

    Disclaimer: This is a sponsored article. The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets.



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  • Dubai Launches Prypco Mint, First Tokenized Property Platform in the Region

    Dubai Launches Prypco Mint, First Tokenized Property Platform in the Region


    • Dubai launches Prypco Mint, region’s first tokenized property platform.
    • Project backed by VARA, Central Bank, and Future Foundation.
    • Prypco Mint uses XRP Ledger for fast, secure transactions.

    Dubai has taken a major step in the digital real estate space. The Dubai Land Department (DLD) has launched Prypco Mint, the Middle East’s first tokenized property investment platform. The use of digital tokens is making real estate investments open to a wider audience on this platform. Since the minimum investment is Dh2,000, property investment has become more available than it was before.

    UAE Residents Can Now Invest in Tokenised Property via Prypco Mint

    Right now, people in UAE can only use Prypco Mint if they have a valid Emirates ID. The pilot project is carried out in association with Prypco and Ctrl Alt. Furthermore, the plan is sponsored by important institutions such as VARA, the Central Bank of the UAE, and the Dubai Future Foundation. Zand Digital Bank is helping to make this pilot financially possible.

    Besides, DubaiLand allows overseas investors to own a share of ready-to-own properties in the city. Individuals interested in the service should visit the digital portal at mint.prypco.com. For now, everyone will use UAE Dirhams for their first transactions. At this time, transactions with cryptocurrency are prohibited.

    In addition, investors will gain benefits in two important ways. At the start, they will be paid rental income. They may make money if the property’s worth goes up as years pass. Under DLD oversight, all investments are legalized and their ownership shares are registered as well. That’s why investors feel secure and trusting.

    Over time, the DLD expects that tokenized real estate assets will represent 7% of Dubai’s property market. It’s expected to reach AED60 billion ($16.3 billion) by the year 2033. Right now, only local residents can take part in the pilot, but the authorities want to make it available to foreign investors over time.

    Prypco Mint Merges Real Estate with Web3 Technology

    This action is in line with Dubai’s wider goals to lead the world in digital progress. In March, Dubai revealed plans to tokenize real estate. Since the city has worked to attract companies working on blockchain and has progressed with measures to ease the process of owning property.

    In addition, this move follows other digital-first efforts. For example, the government of Dubai is teaming up with Crypto.com to allow people to use crypto for government services. This illustrates that the city focuses on building an area that is both technology-driven and welcoming to investors.

    The platform’s platform is built on top of the XRP Ledger (XRPL). People know this blockchain network because of its strong safety features and quick operations. For more than ten years, the XRPL has received trust from users all over the world. With the help of this technology, Dubai makes Prypco Mint’s transactions safe and easy.

    To conclude, the introduction of Prypco Mint will help advance both the real estate and digital industries in Dubai. Legal oversight, the latest in blockchain technology, and opportunities to invest are brought together for local residents. When the platform grows and operates globally, it could influence the behavior of investors in property from the UAE to other countries as well. With this move, Dubai is still at the forefront of blending property and digital finance



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  • HashKey Capital Launches Asia’s First XRP Tracker Fund

    HashKey Capital Launches Asia’s First XRP Tracker Fund


    • HashKey Capital launches Asia’s first XRP fund.
    • XRP Tracker Fund strengthens Asia’s crypto leadership.

    HashKey Capital has officially launched the HashKey XRP Tracker Fund, the first investment fund in Asia that focuses solely on XRP. The new development takes digital assets in the region to a new level of accessible investment opportunities with proper regulations.

    HashKey Strengthens Web3-TradiFi Bridge with XRP Fund

    The fund has been established specifically for experienced investors. Professional investors can access XRP through this fund despite not needing to handle cryptocurrency management tasks themselves. The tracking fund monitors XRP performance as it ranks among the three top cryptocurrencies behind Bitcoin and Ethereum globally.

    The main function of XRP becomes evident through its established role in international money transfers across borders. Financial institutions, together with banking organizations, adopt XRP as their border transaction solution, which provides fast transfers with substantially reduced expense. The fund enables HashKey Capital to fulfill its objective as a Web3 traditional finance (TradiFi) connector.

    The XRP proves itself to be one of the leading innovative cryptocurrencies in global markets today, based on the assessment of Vivien Wong, who serves as Partner of Liquid Funds at HashKey Capital. XRP has become the currency of choice for global enterprises to execute transactions and tokenize assets, along with value storage operations. The fund creates simpler and more efficient ways for people to invest in XRP.

    Investors who subscribe to or redeem shares through the XRP Tracker Fund can do so during each monthly period. The fund accepts both cash investments and investments through in-kind subscription methods. CF Benchmarks serves as the benchmarking company for the fund while having previously launched crypto ETFs in the United States and Asia-Pacific markets.

    HashKey Capital has recently established its third fund within this particular tracker series. The company had established Bitcoin (3008.HK) ETFs and Ethereum (3009.HK) ETFs as partnerships with Bosera previously.

    This XRP fund starts a new strategic partnership between Ripple and HashKey Capital while serving as their first joint venture. Through investment in this fund, Ripple confirms its commitment to supporting the alliance between the two companies.

    XRP Fund Signals Asia’s Rise in Crypto Leadership

    This partnership will bring together HashKey Capital’s expertise in asset management with Ripple’s deep knowledge of blockchain technology and payments. Wong predicted that this partnership would establish numerous prospects between DeFi solutions and enterprise blockchain deployment.

    Wong discussed the upcoming plans for tokenizing a money market fund MMF on the XRP Ledger system. The partners demonstrate their commitment to extend their blockchain-based product line beyond this particular fund.

    This financial fund represents for Ripple a crucial advancement toward standardized crypto investment in the Asian markets. According to Fiona Murray, who leads Ripple as its APAC Managing Director, “Institutional investors need regulated crypto products.” The newly established fund serves exactly this purpose. Asia is strengthening its position in crypto and blockchain technology by ensuring this development.

    The HashKey XRP Tracker Fund marks a key achievement that fundamentally progresses Asian digital asset trading. . As digital assets continue to grow in popularity, such innovations are likely to shape the future of finance in Asia and beyond.



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  • Panama Becomes First Government Body to Accept Crypto Payments

    Panama Becomes First Government Body to Accept Crypto Payments


    • Panama City now accepts crypto for public payments.
    • BTC, ETH, USDC, and USDT added to payment options.

    Panama City has taken a historic step toward digital transformation. The city council has officially voted in favor of accepting cryptocurrency for government-related payments. As a result, Panama City has integrated Bitcoin (BTC) and Ethereum (ETH) alongside USD Coin (USDC) and Tether (USDT) into its payment infrastructure so that citizens can use digital assets for taxes and other public transactions.

    Panama Launches Government Crypto Payments with BTC, ETH, USDT, USDC

    Mayor Mayer Mizrachi Matalon announced on X that Panama City will be the first public institution in the country to accept crypto payments. As a result, it becomes one of the pioneers globally in integrating digital assets into government services.

    Panama City found a way to solve the public institution’s requirement for dollar fund acceptance even when the law stipulates U.S. dollar payments. Panama City has chosen to develop a partnership with a local bank, which will manage crypto-to-USD exchanges in order to implement this service. The government can accept dollar payments through the partnership with the bank as citizens benefit from crypto payment options.

    The program begins with two major cryptocurrency choices, including Bitcoin and Ethereum, together with stablecoins USDC and USDT. These widely used digital assets excel for international financial deals so they serve as the practical starting point for this project development.

    This initiative supports Panama’s current national mission to develop modern financial and regulatory systems. This year, the Panamanian government launched a draft bill that established rules for the cryptocurrency sector while allowing people to make optional digital payment transactions nationally.

    Multiple essential changes pave the way through the proposed legislation. Opening the National Council of Digital Assets (CONAD) serves as the first objective of this legislation to oversee digital asset regulations and supervisory functions. Through this law, the governing body works on building regulations for cryptocurrency use across civil and commercial business scenarios.

    Panama Aims to Attract Tech Investment with Pro-Crypto Policies

    The bill requires Virtual Asset Service Providers (VASPs) to meet international and national regulatory standards through its compliance requirements. Through this initiative blockchain technology receives support for its use in public sector applications such as digital identification programs and smart contracts, as well as transparent governance solutions.

    The national crypto bill obtains practical validation through this recent passage by the city council which demonstrates how digital assets function in government operations. The country announces its willingness to innovate through this policy as well as its effort to draw investments for the tech and fintech industries.

    In addition, the adoption of crypto payments would drive both enhanced financial inclusivity and better transparency and efficiency. The city provides additional service access to all its residents through digital currency acceptance since certain residents possess access to digital wallets instead of traditional banking options.

    Panama City made important progress when it chose to accept crypto payments in its city payment system. Through this initiative, local governments demonstrate their ability to pioneer financial innovation. The city works alongside banks to turn cryptos into dollars, thereby staying clear of legal restrictions while backing advanced financial solutions. The national regulatory framework development will likely use this experimental program to establish standards that attract digital economy entry by other cities and countries.

    Ultimately, Panama undertakes this project to establish its position as a leading technologically advanced nation that embraces innovative banking tools in government programs.

     

     



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