Dubai International Finance Center (DIFC) is acting as a fulcrum to strike a fine balance between regulations and the business aspirations of Web3 entrepreneurs
The UAE regulators are focused on boosting the local economy by liberalizing the policies to suit the needs of emerging technologies like The move will create high-quality jobs for the local community, provide skill development opportunities, and add to the region's economic growth through operational expenditures and services to the public.
billion 67.13% market share , said “As crypto regulations keep developing across more regions, one will see a corresponding growth in the popular use cases. The primary utility of stablecoins lies in their ability to facilitate cross-border payments at an exceptionally low cost. Globally, corporations shuffle approximately $23.5 trillion across borders each year. The associated transaction costs for these massive sums tally up to a staggering $120 billion annually.
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