The cryptocurrency market is currently enjoying a resurgence thanks to a number of factors that has magnified its potential value. Increased interest in these alternative assets, as some quarters call it, is also being felt in the region, especially in the UAE.
Investors, naturally, will look to trustworthy organisations that would help them reap the potentially-huge benefits that await – and this has to start with a robust and clear-cut regulatory backbone.
“The more regulation and more transparency that a regulated framework will provide certainly should give clients of a regulated exchange comfort that there is a third-party regulator that is regulating the crypto asset activities,” Leon Smith, CEO and founder of Digital Assets Exchange (DEX), told Khaleej Times during an interview in Dubai on Thursday.
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