The UAE is doubled at the CRIPTO despite a 5b token drop and regulatory heat

It is inevitable in the world CRIPTO: Increased adoption leads to more risks.

Last week, the token issued Hong Kong Blocchain company that supported Shorook Partners Abu Dhabi softens 90% in just a few hours, deleting $ 5 billion market value. The company has previously signed the tokenization of a billion dollars in the Devac Group Damac Grouper Damac Group. About 250 million dollars of tokens were sold in a week leading to a collision – Sharrook is discarded salesThe AGBI news reported.

Only Days before, Abu Dhabi regulators were punished by the CRIPTO Platform Haivn $ 12.5 million and banned the CEO for “Induced activities of financial services.“Not the lost of the client.

Still, the UAE remains a Bullism in space. MGKS – Supported Mubadala and AI firm G42 – recently invested $ 2 billion into the largest large plant with CRIPTO CRYPTO. And dvf laboratories based in Abu Dhabi $ 25 Million of Token Purchase Tied to US President Donald Trump Cripto Venture, becoming one of her biggest owners.