According to Wu, DLNews reported that blockchain analysis company Chainalysis has opened a regional headquarters in Dubai, which will serve Southern Europe, the Middle East, Central Asia and Africa. Michael Gronager, the company's CEO, said that the real potential and value of cryptocurrency lies in its ability to transfer value, and he sees an upward trend in overall transfer activity. He further pointed out that utilization is the fundamental story of the industry's success, and the UAE is well positioned to lead innovation and provide tangible value to consumers and businesses through novel use cases.
