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Babylon Labs has introduced a breakthrough in decentralized finance with the launch of trustless Bitcoin vaults. Summary Babylon launched trustless Bitcoin vaults on Aug. 6, enabling native BTC to interact with DeFi without bridges or custodians.Vaults use BitVM3 and zero-knowledge proofs to enforce smart contract logic while BTC remains on-chain.The feature expands BTCs role in DeFi and complements Babylon’s Bitcoin staking ecosystem. Announced via an Aug. 6 post on
\u003Ch2\u003EKey takeaways\u003C\u002Fh2\u003E\u003Cul\u003E\u003Cli\u003E\u003Cp\u003EDubai now has clear laws for buying property with crypto via VARA and the UAE Central Bank.\u003C\u002Fp\u003E\u003C\u002Fli\u003E\u003Cli\u003E\u003Cp\u003EMajor developers like Damac and Emaar accept BTC, ETH and stablecoins for property sales.\u003C\u002Fp\u003E\u003C\u002Fli\u003E\u003Cli\u003E\u003Cp\u003ECrypto payments are faster, cheaper and easier for global buyers.\u003C\u002Fp\u003E\u003C\u002Fli\u