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regulatory uncertainty
Dubai: Launching a Crypto Regulatory Arm to Become a Global Financial Power
The center of the crypto universe has been shifting toward Dubai since March 2022, when the UAE announced the world’s first independent crypto regulator: the Virtual Asset Regulatory Authority. With its stated intention to provide legal clarity for crypto, the No. 5 spot in CoinDesk’s Crypto Hubs 2023 has attracted jurisdiction shoppers such as Binance CEO Changpeng Zhao and crypto exchange WazirX.
More Than Half of Financial Advisors Want Better Regulation Before Investing in Crypto
More than half of financial advisors are too spooked by regulatory uncertainty to initiate or expand their cryptocurrency investments, a new study by Bitwise Asset Management found.
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