CandleFocus

$35,000,000,000 Hedge Fund Brevan Howard Eyeing One Country for Its ‘Sensible’ Crypto Regulations: Report

The UAE is becoming a top region for digital asset trading, according to an executive from hedge fund Brevan Howard. The UAE's sensible approach to crypto regulations and their willingness to talk to the industry to evolve those regulations are making the country attractive to crypto traders. Other industry professionals, including JPMorgan Asset Management and the Dubai International Financial Centre Authority, also expressed excitement about the crypto opportunities in the UAE. The growth of the sector in Dubai has been unprecedented, with the number of hedge funds expected to grow from 65 to 70 in the coming weeks.

Related News