Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus

Below excerpt article reported by Issa. T. M. (2023, June 5). Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus. Arabian Business

Crypto refugees: UAE faces ‘historic opportunity’ as US crackdown on Binance, Coinbase fuels exodus

SEC crackdown on Binance and Coinbase prompts crypto firms to eye UAE as regulatory safe haven, say experts

“The US Securities and Exchange Commission (SEC)’s crackdown on Binance and Coinbase risks a global exodus of crypto “regulation refugees,” many of who are poised to move to the UAE, industry experts told Arabian Business.”

“Last week saw an unprecedented escalation in the US crackdown on digital currencies, with the SEC suing two of the world’s largest crypto exchanges.”

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