UAE expects digital assets to ‘play a major role’ in international trade

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CoinGeek 2 mo ago

UAE expects digital assets to ‘play a major role’ in international trade - CoinGeek

Quick Summary:

The post UAE expects digital assets to ‘play a major role’ in international trade appeared first on CoinGeek.

Given the UAE’s progressive policies towards the asset class, there have been fears that the country could be a nesting ground for bad actors in the industry.

The United Arab Emirates (UAE) has indicated an interest in exploring virtual currencies for international trading as it aims to reduce its dependency on the U.S.dollar.