The IOTA Foundation has been selected to participate in the TradeTech Regulatory Sandbox, a collaboration between the World Economic Forum, the UAE Ministry of Economy, and the Abu Dhabi Department of Economic Development. The initiative will focus on trade finance use cases involving Know Your Customer (KYC) processes and digital identity. The results of the project will be presented at the TradeTech Forum 2025 in Abu Dhabi. Despite this achievement, the price of the IOTA token has dropped over 10% due to market volatility. However, trading volume has increased, indicating potential for recovery. Additionally, the IOTA Foundation has launched IOTA Rebased, which is among the few production Layer 1 blockchains supporting the Move programming language. The foundation has also launched testing environments for the Rebased protocol, encouraging developers and users to provide feedback before its mainnet launch.



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