This news is basically paving the way for Dubai based businesses to enter the crypto market without any legal fright.
If this will be taken onboard by many local and international businesses, the potential for crypto adoption could be massive though I expect this to be taking some time before seeing any true adoption effects maybe a year or two.
While SEC gave Dubai the go ahead, I wonder which other country will be next
Either way, this news is again affirming that crypto is here to stay!!!