deVere Group CEO: UAE's demand for cryptocurrency will grow rapidly

On November 11th, deVere Group CEO and founder Nigel Green published an article saying that as global cryptocurrency transactions continue to soar, demand for cryptocurrencies and digital assets in the UAE and other Gulf Cooperation Council (GCC) member countries will Rapidly accelerate growth in the near future. With more than $210 million in encrypted transactions, the UAE has become one of the most active countries in digital currency trading in 2019. The UAE's enthusiasm for cryptocurrencies is growing, and the Dubai International Financial Centre (DIFC) announced a comprehensive framework for financial technology companies to enter new markets at 2019 Lendit Fintech USA. In addition, Dubai International Financial Center is also working on a white paper on the country's adoption of cryptocurrencies and the opportunities available to financial technology companies across the UAE.