Oman is making a visionary leap into bitcoin mining, with a company called Afaaq for Advanced Technologies playing a pivotal role in data hosting and processing. The Minister of Oman praised the company and sees them as a cornerstone of Oman’s digital economy. The government is also focused on developing the workforce’s blockchain knowledge and attracting the youth through internship programs. Oman is taking a holistic approach to embracing bitcoin, with infrastructure development and regulatory measures to ensure a robust ecosystem. This includes a consultation process for a comprehensive regulatory framework for digital assets.
AI Sentiment: Positive