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Dubai established a digital asset business group to focus on strengthening the digital asset industry



Time:8/15/2022 12:26:35 PM

[Dubai established a digital asset business group to focus on strengthening the digital asset industry] Jinse Finance reported that recently, the Dubai Digital Economy Chamber of Commerce announced the establishment of the Dubai Digital Asset Business Group (D2A2). According to the Emirates News Agency (WAM), the group will focus on strengthening the role of the digital asset industry in the economic development of the United Arab Emirates and the entire Middle East region. Its mandate also includes strengthening business infrastructure to support the development of digital assets in the emirate of Dubai.

Omar bin Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy and Teleworking Applications, commented that the establishment of D2A2 is in line with the Dubai Digital Economy Chamber's strategy to accelerate the growth of the emirate's digital economy. (CoinGeek)

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The Monetary Authority of Singapore (MAS), the country’s central bank and financial regulator, has begun cracking down on crypto activities, adding several crypto companies to its Investor Alert List (IAL), the country’s central bank and financial regulator is reported to have said. (Coindesk) [2022/4/29 2:38:38]

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