The United Arab Emirates (UAE) is introducing new rules to promote cryptocurrency development while curbing digital currency scams targeting investors in the country. Under the new rules, crypto scammers will face prison time for up to 5 years and a penalty of up to AED 1 million (just over $272k), starting January 2, 2022. Previously, […] The post UAE Introduces New Law to Combat Crypto Crime, Allows Licensed Cryptocurrency Offering & Promotion first appeared on BitcoinExchangeGuide.
