Crypto Set to Become UAE’s Number 2 Industry: Chase Ergen

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The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies.

“They have a reputation for leadership, legislation, and community,” Ergen told Cointelegraph in an interview. He also predicted:

“They sell oil, that’s their main business. I think their second-biggest business is going to be the…



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Crypto Set to Become UAE’s Number 2 Industry: Chase Ergen


The crypto sector in the United Arab Emirates (UAE) is on track to become its second-largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chase Ergen, a board member of publicly traded digital asset investment firm DeFi Technologies.

“They have a reputation for leadership, legislation, and community,” Ergen told Cointelegraph in an interview. He also predicted:

“They sell oil, that’s their main business. I think their second-biggest business is going to be the…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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