From a crypto-quant giant to an infrastructure hermit, Jump Cryptos redemption-style transformation | Bee Network
LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattcryptoRelated: The UAE’s Cryptocurrency Strategy: Empire or Mirage?
Original author: Thejaswini MA Original translation: Block unicorn Preface Over the past five years, the United Arab Emirates (UAE) has built a remarkable digital empire: processing $30 billion in cryptocurrency transactions annually, hosting more than 700 blockchain companies, and attracting the worlds largest cryptocurrency exchange to make Dubai its headquarters. Empires are built on resources, and the UAE’s digital empire relies on a resource far more valuable than oil: the tax obligations of others. Binance founder Changpeng Zhao, who is worth $33 billion, lives in Dubai. So too have executives at dozens of other major cryptocurrency companies, who have discovered that running their multibillion-dollar digital asset businesses in the UAE offers a significant advantage: They can keep more of their wealth. The UAE’s digital transformation story is a model of…# Analysis# crypto# Exchange# Market# TokenPre
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- Original author: Nancy, PANews Jump Crypto, a high-frequency trading giant that was once at the center of controversy, quietly withdrew from the market amid a series of violent storms. Now, this s...