Digital exchange DEX foresees crypto boom in Gulf region

Digital Assets Exchange (DEX), an emerging trading platform in the United Arab Emirates, foresees a future where digital currency vastly reshapes the financial landscape of the Gulf nation. The firm had just recently acquired licensing for operating in Abu Dhabi from the country’s regulatory enforcement arm – the FSRA (Financial Services Regulatory Authority). Leon Smith, CEO and founder of the firm, made the following comment regarding the development: “We would see the use of crypto and digital assets to increase in the UAE, particularly within the institutional or qualified investor sector as the crypto asset system becomes highly regulated,” According