Qatar's crypto stance just got clearer: hard pass on trading, but full steam ahead on tokenization.

The QFC chief made it plain—banks won't touch crypto speculation, period. But here's the plot twist: while shutting the door on trading, Qatar's quietly pushing real-world asset tokenization (real estate, commodities, etc.) through regulated channels.

The paradox? It's not really one. They're betting on blockchain tech without the casino vibes. Stablecoins for cross-border payments, tokenized assets for settlement—that's where the Gulf's money is looking.

TL;DR: No to speculative crypto hype, yes to the infrastructure. Classic central bank playbook: innovation over hype.