Crypto Oasis Thrives: UAE Blockchain Ecosystem sees Exponential Growth with 2,040 Active Organisations in Q1 2024
The UAE Ecosystem proves to be a hub for innovation and a magnet for attracting talent with over 10,600 individuals now working in the space Key Highlights: Active companies within the ecosystem surged by a significant 13% year-on-year, reaching a staggering record of 2,040 organisations. Marked increase in the industry workforce, with over 10,600 individuals working in the Blockchain space. Regulatory clarity drives crypto industry growth as major global names such as Binance, Bybit, and OKX receive Virtual Asset Service Provider (VASP) licenses from VARA. Dubai, 7th May, 2024: Crypto