Its a step forward in UAE today as they make a decision to join the world cryptocurrency lane and provide a means to see to it regulation, this was a development confirmed from Sheikh Mohammed bin Rashid Al Maktoum, the vice-president and prime minister of the United Arab Emirates and was confirmed through his official Twitter handle.
It could also be recalled that Dubai perform it annual "Dubai Expo" business summit under the authority of Dubai world trade center which bring entrepreneurs together from all over the world for business exhibition, talent acquisition, seminars and workshops, also it has put in place "VARA" its regulatory body to see to the affairs of the Dubai crypto free zone.
CZ who is the founder of Binance also signed a memorandum of understanding (MoU) sometimes last year in building a suitable cryptocurrency environment in Dubai.