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Cryptocurrency trading becomes legal in Dubai, UAE

Cryptocurrency trading becomes legal in Dubai, UAE

All Cryptocurrencies

by COINS NEWS 36 Views

  • Cryptocurrency trading becomes legal in Dubai after SCA, DWTCA agreement.

  • Dubai steadily becoming a crypt-friendly hub.

  • UAE becoming a world leader in global blockchain adoption.

Authorities in the United Arab Emirates (UAE) have approved for cryptocurrency trading to have legal backing in the economic free zone in Dubai.

The Dubai World Trade Center Authority (DWTCA) announced on Wednesday it had agreed with the UAE’s Securities and Commodities Authority (SCA) to make cryptocurrency trading, issuance, and regulation legal in the DWTCA free zone.

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