Understanding the state of cryptocurrency in the UAE

Understanding the state of cryptocurrency in the UAE

Understanding the state of cryptocurrency in the UAE Lack of regulations isn’t hindering a surge in investments in crypto-based firms. Since then, we’ve seen major financial institutions backed by the country, invest in cryptocurrency. A few weeks ago, Mubadala Investment Company, backed by the Abu Dhabi government, invested a seven figure amount in MidChains, a digital cryptocurrency trading platform.