The post Coinbase CEO Highlights UAE As The Crypto Hub appeared first on Coinpedia Fintech News
Coinbase CEO, Brian Armstrong praises UAE’s “forward thinking” crypto regulations amid U.S crypto crackdown. As UAE and Abu Dhabi have become the two largest hubs of crypto firms in the Global markets. State Foreign Trade Minister -H.E.Thani bin Ahmad Al Zeyoudi, discussed UAE’s economic challenges and trade growth potential. UAE’s foreign trade hits 2.2 trillion Dirham and will reach $599 Billion in 2023, growing 17% annually. The country expands its non-oil foreign trade sector by investing in transport and economic partnerships to reduce dependence on oil. The economy had the trade sector face obstacles from global instability.
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