MidChains

In CoinDesk's 'Crypto Hubs 2023' series, MidChains CEO Basil Al Askari shares the straightforward reason for their Abu Dhabi base: "The regulation came out several years before Dubai at a state level." The presence of sovereign wealth funds like Mubadala and Kew also heavily influenced this strategic decision.

27 giu 2023

As a part of CoinDesk's theme week that takes a closer look at the top crypto hubs in 2023, MidChains co-founder and CEO Basil Al Askari joins "First Mover" to discuss the state of crypto adoption and regulation in Abu Dhabi. Plus, how crypto is viewed in Dubai, another prominent city in the United Arab Emirates.

27 giu 2023

As of this February, cryptocurrencies including bitcoin, ether, and stablecoin tether have been accepted as a form of payment at the KIKLABB free trade zone in Mina Rashid, Dubai, which became the first UAE government to officially embrace bitcoin.

16 set 2021