Recently Dubai authorities countinue driving more adoption to the cryptocurrency by pushing more regulatory approvals . I think this acceptance effect will take Bitcoin one step further in the whole world especially in Middle East and South Asia . How you think about the news , is it really effective to betterment of crypto currency ?
Its not like a groundbreaking news. We will see more and more of that. Crypto is a 2T$ asset class right now. Not regulating it, not taxing properly is not the best idea for any country. Sooner or later crypto will be regulated everywhere. I doubt that we should put much attention on when and which country is doing it currently.
And as previous poster said. Crypto don't need dubai to continue the adoption.