Coinbase considers UAE a potential international hub

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DUBAI, May 8 (Reuters) – Coinbase Inc Chief Executive Brian Armstrong on Monday said that the United Arab Emirates could serve as a hub for the Middle East as well as for parts of Africa and Asia.

The CEO of the U.S.-based cryptocurrency exchange added that he met officials from the Abu Dhabi Global Market (ADGM) and the Virtual Assets Regulatory Authority (VARA), the regulators in Abu Dhabi and Dubai respectively.

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