UAE to Become Leading Destination for Blockchain-Related Businesses in 2019, Experts Say

The United Arab Emirates (UAE) is looking to join the list of leading destinations for blockchain-related businesses in 2019 due to promising new crypto legislation. Experts commented on the situation to the UAE’s daily newspaper The National on Monday, Dec. 24.

As the UAE has announced a new legal framework for initial coin offerings (ICO) and hinted about possible regulation for crypto exchanges, experts see a possibility for the country to join Malta and Gibraltar as a popular crypto destination.

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