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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 | Vincent (@vincent31515173)
2024 is a year for the crypto industry to make significant strides towards the mainstream. Spot ETFs for Bitcoin and Ethereum in the United States have been approved and are now trading, with traditional asset management giants like BlackRock and Fidelity entering the crypto business. As the cryptocurrency market rapidly develops, governments and regulatory bodies around the world are increasingly aware of the potential risks, such as money laundering, fraud, and market manipulation. More and more countries are strengthening regulations, introducing relevant laws and regulations to protect investors and maintain market stability.
Author | Vincent (@vincent31515173)
2024 is a year for the crypto industry to make significant strides towards the mainstream. Spot ETFs for Bitcoin and Ethereum in the United States have been approved and are now trading, with traditional asset management giants like BlackRock and Fidelity entering the crypto business. As the cryptocurrency market rapidly develops, governments and regulatory bodies around the world are increasingly aware of the potential risks, such as money laundering, fraud, and market manipulation. More and more countries are strengthening regulations, introducing relevant laws and regulations to protect investors and maintain market stability.
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