Dubai to benefit from expanding crypto market, Bittrex Global CEO says

Cointelegraph

Published Aug 30, 2021 08:37AM ET

Updated Aug 31, 2021 10:20AM ET

The United Arab Emirates (UAE) and Dubai are among the friendliest jurisdictions for the cryptocurrency industry, according to Stephen Stonberg, CEO of Bittrex Global crypto exchange.

Dubai is likely to benefit from the expanding crypto market in the Middle East as local regulators increasingly accept blockchain-related technologies, Stonberg said in a Sunday Bloomberg interview.

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