Why has the UAE become a new hub for Web3 builders?
AICoin官方
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New Trends in Crypto Regulation: Why the UAE has Become a New Gathering Place for Web3 Builders?
Original | Odaily Planet Daily (@OdailyChina)
Author | Fu Ruhe (@vincent31515173)
2024 is a year when the crypto industry is making significant strides toward the mainstream. Bitcoin and Ethereum spot ETFs have been successively approved and started trading, with traditional asset management giants like BlackRock and Fidelity beginning to enter the crypto business. As the cryptocurrency market rapidly develops, governments and regulatory bodies around the world are gradually recognizing the potential risks involved, such as money laundering, fraud, and market manipulation. More and more countries are strengthening regulation and introducing relevant laws and regulations to protect investors and maintain market stability.
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