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UAE’s Dubai World Trade Center to turn into cryptocurrency hub and regulator
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ambcrypto.comThe United Arab Emirates (UAE) is extending its enthusiasm and openness to the cryptocurrency industry further as the Dubai World Trade Center (DWTC) has expressed intentions to support and regulate the sector further, in an effort to “create new economic sectors.”
The Dubai government-owned event and exhibition center announced earlier today that it will be soon become a comprehensive zone and regulator for digital assets, products, operators, and exchanges.
The center will be designing a comprehensive ecosystem for this progressive sector within Dubai, along with collaborating with Dubai’s private sector to create an “attractive environment for the sector.”
It further noted that this will be done under the purview of rigorous investor
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