🚀 Crypto hot news from UAE! 🇦🇪
- M2 exchange allows UAE residents to buy and sell BTC & ETH directly via bank accounts.
- Users can quickly convert between dirham and BTC/ETH.
- M2 believes that this helps users adapt quickly to market fluctuations.
📈 Expanding access to virtual assets
- This is a big step forward for access to virtual assets in the region.
- CEO Stefan Kimmel believes that this helps new investors enter the market more easily.
🔒 Consumer protection
- The UAE has a strict legal framework protecting consumers.
- New law prevents fraud and fines for violations are up to AED 10 million.
🌍 UAE - Strategic land
- The VARA licensing process can take up to 1 year but brings great benefits such as preferential tax policies and a safe environment for innovation.
💬 What do you think about this move? Share your opinion! 👇