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Abu Dhabi Creates the MEAACBA Organization To Organize and Regulate Crypto

Abu Dhabi has launched a new organization it’s calling the Middle East, Africa, and Asia Crypto and Blockchain Association (MEAACBA). The non-profit is built to bring industry leaders together to discuss the major challenges the crypto industry brings to the region and to see how best to integrate crypto into everyday life.

Among the financial companies that have already joined the MEAABA include Bit Oasis, a Dubai-based digital currency exchange; Mid Chains, a trading platform; Crypto.com; Binance, and Rain Financial in Bahrain. Abu Dhabi says it wants to become the world’s leading financial hub, and it hopes to make crypto a staple of living and working in the region.

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