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  4. Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab State

Crypto Exchange Works With Regulators to Develop Legal Frameworks for Arab State

oliverchloe
2022-10-27 05:06:53

Following the statement by Saudi Arabia declaring cryptocurrency illegal, the largest crypto exchange in the Middle East and North Africa is working with regulators across the region to develop crypto regulations. Bitoasis confirmed its platform is unaffected by the Saudi Arabian crypto stance. See more for yourself, here.

What do you think of Dubai-based cryptocurrency exchange plan to develop crypto regulations for the Arab states? Let us know your thoughts below.

Post Reply  
AndreasMAntonopoulos
2022-10-27 05:07:28

That's a good news. I hope it will increase the stability of the market. Because middle-est is one of the big wealthy economic area. There will be more big investor will involve in crypto.