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Dubai’s government has recognized the potential of blockchain technology and has introduced regulatory frameworks conducive to crypto firms. It is helping to cement Dubai’s reputation as a technology leader. The DMCC has collaborated with CV VC and CV Labs to establish a supportive regulatory environment for cryptocurrency firms in Dubai. The free zone allows cryptocurrency exchange, regulated by the UAE’s Securities and Commodities Authority. This framework will enable crypto firms to operate in the UAE efficiently while still maintaining robust governance.

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Website: https://seveneleven.ae/how-to-get-a-cryptocurrency-license-in-dubai/

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