{"id":14153,"date":"2021-12-01T18:26:07","date_gmt":"2021-12-01T12:56:07","guid":{"rendered":"https:\/\/zebpay.com\/?p=14153"},"modified":"2021-12-01T18:26:07","modified_gmt":"2021-12-01T12:56:07","slug":"uaes-road-to-a-crypto-hub","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/uaes-road-to-a-crypto-hub","title":{"rendered":"UAE\u2019s Road To A Crypto Hub"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/uaes-road-to-a-crypto-hub\/#Creating_a_supportive_ecosystem\" title=\"Creating a supportive ecosystem\">Creating a supportive ecosystem<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/uaes-road-to-a-crypto-hub\/#UAE_issues_NFT_stamps\" title=\"UAE issues NFT stamps\">UAE issues NFT stamps<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>UAE is an advanced country in terms of their resources. It is literally a well oiled economy. The nation is preparing itself to become a <a href=\"https:\/\/zebpay.com\/blog\/top-crypto-and-blockchain-hubs\/\" target=\"_blank\" rel=\"noreferrer noopener\">crypto hub<\/a>. The nation is showing a very progressive attitude towards the ever evolving crypto industry. As opportunities are opening up, a large number of crypto high profile individuals are migrating to UAE.&nbsp;&nbsp;<\/p>\n\n\n\n<p>In September, the UAE Securities and Commissions Authority signed an agreement with the Dubai World Trade Centre Authority (DWTCA). Both parties agreed to support crypto assets trading.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-creating-a-supportive-ecosystem\"><span class=\"ez-toc-section\" id=\"Creating_a_supportive_ecosystem\"><\/span>Creating a supportive ecosystem<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Dubai is on its own mission as the city expects over 1,000 cryptocurrency businesses to be operational by 2022. The free zones set up in Dubai and Abu Dhabi have even implemented policies and transparent frameworks to encourage innovation and entrepreneurship. As a result, the interest in cryptocurrencies and blockchain is growing exponentially.&nbsp;<\/p>\n\n\n\n<p>Dubai hosted the world\u2019s largest and first ever <a href=\"https:\/\/cryptoexpodubai.com\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Crypto Expo<\/a>, CED2021. <a href=\"https:\/\/www.linkedin.com\/posts\/zebpay_crypto-expo-dubai-2021-key-highlights-activity-6863851883488940032-JE1g\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">ZebPay also participated in CED2021 to launch the latest product Global OTC Desk into the market!<\/a><\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/y3akovrD89viTMH1fuZw7OjVFT7mrNXM8OMwanpUQTo5e8mmjyJ6JaY9tztXdC1WKCoiHYAShpHaYdR95llanhV_sckUvSLVPQh0UB94NbKhtzbk_Bwg1KEJcuY-WK5Xb2aJukvh\" alt=\"\"\/><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-uae-issues-nft-stamps\"><span class=\"ez-toc-section\" id=\"UAE_issues_NFT_stamps\"><\/span>UAE issues NFT stamps<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>To commemorate UAE\u2019s 50th National Day, the postal operator is issuing NFT stamps! Emirates Postal Group (EPG) is now the first in the Middle East to do so.&nbsp;<\/p>\n\n\n\n<p>The new stamps are launching tomorrow on the national holiday, December 2nd. The collection is a total of 4 stamps following a national theme. The stamps are sold as physical collectibles. These are interlinked to its digital counterpart on the blockchain network. Buyers must purchase the physical stamps. The buyer can activate the NFT by scanning the QR code on the card of the stamp.&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/wYSKxCjImPKkxR2ppsNYLGJWMlrwREOkq_tzGuVz7ERDsgGUmOhmKGVHl2HVgn4MnCNF5B2eQgdjV8wQxf5G4aZVEudqjroRYHIcX5xP0y1nNBVj48tJyaXpxSxc1V_U5vkW8v8H\" alt=\"\"\/><\/figure>\n\n\n\n<p>This shows that NFTs are emerging on a macro level in their utility. In this way countries are going to explore its applications to become more digitally advanced.<\/p>\n\n\n\n<p>Emirates Postal Group CEO, Abdulla Mohammed says that the group plans to launch more NFTs in the future. Additionally, this is the perfect effort to bridge the gap between traditional postage stamps and the digital world. It pleases the tech-savvy generation as well.&nbsp;<\/p>\n\n\n\n<hr class=\"wp-block-separator is-style-dots\"\/>\n","protected":false},"excerpt":{"rendered":"<p>UAE is a very powerful economy. It is now opening its doors to investors and channeling efforts to become a crypto hub.<\/p>\n","protected":false},"author":1,"featured_media":14154,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[14],"tags":[],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14153"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=14153"}],"version-history":[{"count":0,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/14153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/14154"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=14153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=14153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=14153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}