United Arab Emirates Takes Steps To Regulate Crypto After Being Placed On Watchlist

Abu Dhabi is the capital of the United Arab Emirates, and the second-largest city in the seven emirates. What Happened: As of late August, the Abu Dhabi Blockchain and Virtual Assets Committee (ADBVAC) held its first meeting under Mohamed Ali Al Shorafa, chairman of the Abu Dhabi Department of Economic Development (ADDED) and chairman of the Securities and Commodities Authority (SCA).