Coinbase’s CEO made a positive remark about the nation’s crypto growth potential.
The exchange seeks to attain the goal of 1 billion global crypto users with the UAE’s help.
United Arab Emirates (UAE) country has again impressed a well-known crypto market person. Coinbase’s CEO, Brian Armstrong, made a positive remark about the nation’s crypto growth potential.
The UAE deserves a lot of credit for being forward thinking on crypto. First dedicated crypto regulator in the world, a clear rule book published (!), business friendly plus strong customer protections. Really enjoying my visit so far.
— Brian Armstrong (@brian_armstrong) May 8, 2023
In his tweet, Brian mentions the UAE as a country with clear crypto regulations that are beneficial for both business providers and users. The executive team of the Coinbase crypto exchange is on a UAE tour to collaborate with various “policymakers, regulators, partners, web3/crypto founders, and clients”.
The UAE is the crypt
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