Exploring the Crypto Landscape in the Middle East (reposting VARA Dubai post)
<p>Meanwhile, Abu Dhabi is carving its niche in the crypto domain through its <a href="https://www.adgm.com/financial-services-regulatory-authority" rel="noopener ugc nofollow" target="_blank"><strong>Financial Services Regulatory Authority</strong></a><strong> (FSRA)</strong> and the <a href="https://www.adgm.com/" rel="noopener ugc nofollow" target="_blank"><strong>Abu Dhabi Global Markets</strong></a><strong> (ADGM).</strong> With its thriving International Financial Centre and a focus on fintech, FSRA is providing a robust and progressive regulatory framework for digital assets.</p>
<p>What sets Abu Dhabi apart is its inclination towards institutional-focused markets, creating an ideal environment for bridging the gap between traditional finance and the digital asset space. As a hub where financial executives mingle with crypto players, it’s an exciting place for innovation and collaboration.</p>
<p>ADGM’s strong focus on nurturing fintech growth has paved the way for integrating blockchain and cryptocurrencies seamlessly into its ecosystem. This inclusive approach, supported by clear rules and licenses, has attracted significant investment, making it a prime destination for entrepreneurs seeking funding in the region.</p>
<p>ADGM is also a key partner of <a href="https://hub71.com/" rel="noopener ugc nofollow" target="_blank"><strong>Hub 71</strong></a> — a global tech network that empowers founders to establish enduring local tech companies across sectors. This is made possible by providing access to worldwide markets, a financial network, a global partner community, and a vibrant pool of skilled talent. All of this is governed by progressive regulations. Hub71 has also launched an initiative called <a href="https://hub71.com/en/plus/digitalassets/" rel="noopener ugc nofollow" target="_blank"><strong>Hub71+ Digital Assets</strong></a>, which is a game-changing move with a substantial $2 billion fund allocated to support Web3 projects. This commitment highlights Abu Dhabi’s aim to lead the crypto revolution and cements its position as an innovative hub.</p>
<p><a href="https://medium.com/@blockreg_advisors/exploring-the-crypto-landscape-in-the-middle-east-reposting-vara-dubai-post-2896d0b0ced4"><strong>Read More</strong></a></p>