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Binance the world's biggest exchange by trading volume was last week awarded the (Virtual Assets Regulatory Authority) license to operate in the UAE. This is a big leap for the entire crypto, defi community globally, given the fact that Dubai is the new global centre of finance and innovation, all this thanks to the UAE government's smooth approach towards innovation. With crypto, blockchain at the forefront in global news, the TAS (Test Adapt Scale) model for virtual assets adopted by the authorities in Dubai will see crypto go mainstream within the middle east and probably globally.
At the time of writing this post, the token was was trading $394.46, thats according to data from coinmarketcap
