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How they do it in 37 countries

by SuperiorInvest

“They’re experimenting and trying new things,” says Michael Piwowar, referring to Dubai starting VARA, Virtual Asset Regulatory Authority. “They want to be a leader not only in the Middle East, but also as a starting point for Africa and other places in the region,” says Piwowar. The UAE has set up zones that have common law jurisdiction, he adds, and “both Abu Dhabi and Dubai have been very successful in attracting businesses in financial services in general, and fintech in particular, and now they are moving towards virtual assets.”

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