Cryptocurrency Firms Optimistic About UAE Being a Virtual Asset Hotspot

Binance and other cryptocurrency firms based in the United Arab Emirates (UAE) remain positive about the countrys status as a hotspot for virtual assets. The UAEs favorable regulatory environment continues to attract global players. Nonetheless, theres the potential shift of some firms to the United States should it adopt a more crypto-friendly approach, as per Cointelegraph. Shift from the US to the UAE The regulation by enforcement approach in the US has prompted many global crypto firms to relocate to countries like the UAE, the United Kingdom, Switzerland, and Singapore. The wave...

source: https://tokenpost.com/Cryptocurrency-Firms-Optimistic-About-UAE-Being-a-Virtual-Asset-Hotspot-10919

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