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Crypto wrap: Maldives’ blockchain plans, Melania memecoins, plus UK crypto rules

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Latest news and developments from the world of crypto.

Authorities in the Maldives have received pledges from a Dubai-based company to build an $8.8 billion blockchain and digital assets hub in the country.

The investment plan is being announced at a time in which the small nation desperately needs a boost to its economy, as it suffers from huge debts,