The United Arab Emirates minister of state for foreign trade says that cryptocurrency 'will play a major role for UAE trade going forward.' crypto
The United Arab Emirates minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.”United Arab Emirates Minister of State for Foreign Trade Thani Al Zeyoudi talked about cryptocurrency Friday during an interview with Bloomberg in Davos, Switzerland.Crypto will play a major role for UAE trade going forward.
“The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies,” Al Zeyoudi described. “We started attracting some of the companies to the country with the aim that we’ll build together the right governance and legal system, which are needed,” the official noted.
Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, also talked about cryptocurrency regulation last week in a World Economic Forum session titled “Finding the right balance for crypto” in Davos. He confirmed that no crypto exchanges have beenin the UAE, emphasizing that the regulatory frameworks for cryptocurrencies in the UAE are “not light.
UAE has not issued a single licensed crypto exchange in UAE, neither Binance nor FTX … no one was able to onboard any customers even last week.in March, also states on its website that it has not granted any operating permit to date. VARA is responsible for licensing and regulating the crypto sector in the Emirate of Dubai and its free zone territories under UAE law.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Dubai to get the world's first 3D-printed mosque by 2025The first 3D-printed mosque in the world will be constructed by Dubai's Islamic Affairs and Charitable Activities Department (IACAD) in the United Arab Emirates.
Consulte Mais informação »
Factbox: California rampage is the latest mass shooting in the United StatesA rampage at a ballroom dance venue in Monterey Park, California, that killed at least 10 people on Saturday was one of the most deadly mass shootings in the state's modern history.
Consulte Mais informação »
Harris says abortion rights threatened across United StatesDemocratic Vice President Kamala Harris said abortion rights are under attack across the United States in a speech Sunday marking the 50th anniversary of Roe v. Wade, the Supreme Court decision that had established a right to abortion until it was overturned last year.
Consulte Mais informação »
Man United beat Reading to go top as cold weather hits WSLSubstitute Rachel Williams nabbed a late winner for Manchester United as they beat Reading 1-0 to make the most of a Women's Super League weekend hit by freezing weather to go top of the standings.
Consulte Mais informação »
Arsenal downs Manchester United in instant classic, and rings in a new Premier League eraThe balance of power in the English Premier League had already begun to shift long before a precious yellow ball floated toward Eddie Nketiah at the far post, in the 90th minute of an instant classic.
Consulte Mais informação »
Gold Price Forecast: XAU/USD grinds higher ahead of United States Gross Domestic ProductGold price (XAU/USD) prints mild losses around $1,925 as bulls take a breather after a five-week uptrend, especially amid a lack of traders from China
Consulte Mais informação »