The crypto wallet provider announced the launch of a crypto exchange "dedicated to the ideals and principles the industry stands for." It has already secured a license in Dubai.

At the Dubai Fintech Summit many executives expressed their discontent with the US crypto regulation and gave credits to the UAE legal framework. Coinbase CEO even suggested that the UAE could serve as an international crypto hub for Coinbase.

One week ago the Singapore crypto exchange announced that it had obtained a minimal viable product preparatory license from Dubai’s Virtual Asset Regulatory Authority.

The world’s largest cryptocurrency exchange Binance has been granted a licence to conduct some operations in Dubai, the company said on…