UAE’s Regulators Warn of Crypto Risks Due to Global Regulatory Gaps
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Dubai’s regulator warns of Crypto rule gaps allowing “bad actors” to exploit. Financial Services Authority plans to update rules on Crypto tokens for the city’s business hub in November, reported Elisabeth Wallace, Regulator’s Associate Director. A Crypto business cause regulatory concern said Wallace, a regulator of communications needs improvement for coverage gaps and bad actors. Crypto regulations and investments seek in Hong Kong and Dubai. Regulators limit retail investors after the FTX crash and drop.
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