Source: Coindesk.com
The Middle East has been making strides in Web3. The United Arab Emirates (UAE) established digital assets regulators such as the Virtual Assets Regulatory Authority (VARA) in Dubai and the Abu Dhabi Global Market (ADGM) in Abu Dhabi. Last year, ADGM-based Hub71 launched a $2 billion initiative to support Web3 startups in the region. Thanks to its favorable stance towards cryptocurrency,
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Source: Coindesk.com
