According to Odaily, on July 10, blockchain financial technology company DMZ Finance officially announced its selection into the Qatar Financial Centre's (QFC) Digital Assets Lab. The QFC is a special economic zone established by the Qatari government to promote the development of the nation's financial industry. The Digital Assets Lab is its latest innovative platform, guided and supported by the Qatar Central Bank (QCB), aiming to promote the development and application of digital asset technology in Qatar and the entire Middle East region.
Joining the lab is a crucial step towards obtaining a compliant TSP license in Qatar, which is essential for the issuance, custody, and operation of digital asset exchanges. DMZ CEO Lee Kai Yang expressed that being selected into the QFC Digital Assets Lab is a challenging achievement. He stated, 'DMZ's selection into the QFC Digital Assets Lab is a recognition of the DMZ team and our technical strength. We look forward to working with QNB (Qatar National Bank) and other partners to jointly promote the advancement and application of blockchain technology, and build a safer, more efficient, and transparent global financial system.'
Prior to this, DMZ Chairman Nathan Ma and CEO Lee Kai Yang had visited the Qatar Financial Centre (QFC) and the Qatar Financial Regulatory Authority (QFCRA) along with senior executives from the Qatar National Bank (QNB).
