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UAE infrastructure for crypto is more ‘business-friendly’ than the US, says exec

Published 05/12/2023, 09:19 AM
Updated 05/13/2023, 12:20 PM
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At the recent Dubai FinTech Summit event, Saqr Ereiqat, co-founder of venture-building firm Crypto Oasis, spoke about the United Arab Emirates infrastructures and how they can be “ideal” for crypto businesses.

Speaking with Cointelegraph, Ereiqat highlighted that there are several factors that businesses should look at when considering where to set up their companies. According to the executive, this includes the country’s regulatory infrastructure, digital infrastructure and its ability to attract a global pool of talent. The executive claims that the UAE checks all these boxes.

Crypto Oasis co-founder Saqr Ereiqat speaking at the Dubai FinTech Summit.
Coinbase (NASDAQ:COIN) CEO Brian Armstrong in a fireside chat at the Dubai FinTech Summit.

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