Dubai World Trade Center Free Zone and CoinMENA have tied up to develop a “crypto asset and blockchain hub" in Dubai World Trade Center. The hub will look to attract companies operating in the crypto assets.
GCC cautious, but optimistic about crypto
The UAE and Saudi Arabia have already formed policies to regulate cryptocurrencies, while Bahrain has given an official stamp on CoinMENA, which has got regulatory approvals. Now Islamic banking-compliant cryptocurrencies are also in the fray.
