Coinbase CEO, Crypto Executives Praise UAE’s Crypto Regulations By DailyCoin

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© Reuters Coinbase CEO, Crypto Executives Praise UAE’s Crypto Regulations
  • Coinbase (NASDAQ:)’s CEO applauded the UAE for its clear rules for crypto.
  • Other blockchain executives joined Armstrong in his praise of the country.
  • Crypto supporters believe the USA could be left behind due to its harsh regulations.

The United Arab Emirates (UAE) has made significant efforts to boost its image as a hub for technological innovation. Despite its less-than-stellar record on human rights and freedom, the country has attracted industry support.

According to the latest remarks by blockchain executives, they have successfully convinced at least some of them.

Crypto Executives Echo Armstrong’s Praise of UAE

On Monday, May 8, during his visit to the country, Coinbase CEO Brian Armstrong applauded the UAE for its “forward-thinking” stance on crypto.

https://twitter.com/brian_armstrong/status/1655494936673017856
Armstrong highlighted the country’s clear and business-friendly rules. At the same…

Continue Reading on DailyCoin



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© Reuters Coinbase CEO, Crypto Executives Praise UAE’s Crypto Regulations
  • Coinbase (NASDAQ:)’s CEO applauded the UAE for its clear rules for crypto.
  • Other blockchain executives joined Armstrong in his praise of the country.
  • Crypto supporters believe the USA could be left behind due to its harsh regulations.

The United Arab Emirates (UAE) has made significant efforts to boost its image as a hub for technological innovation. Despite its less-than-stellar record on human rights and freedom, the country has attracted industry support.

According to the latest remarks by blockchain executives, they have successfully convinced at least some of them.

Crypto Executives Echo Armstrong’s Praise of UAE

On Monday, May 8, during his visit to the country, Coinbase CEO Brian Armstrong applauded the UAE for its “forward-thinking” stance on crypto.

https://twitter.com/brian_armstrong/status/1655494936673017856
Armstrong highlighted the country’s clear and business-friendly rules. At the same…

Continue Reading on DailyCoin

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