As Tensions Escalate With US Regulators, Coinbase Looks To Strengthen Ties With UAE

Coinbase (NASDAQ: COIN) is engaging with regulators in the United Arab Emirates (UAE), namely the Abu Dhabi Global Market (ADGM), to expand the licensing and availability of its cryptocurrency exchange. Nana Murugesan, Coinbase VP of International and Business Development, predicts that this move would amplify Coinbase’s efforts worldwide, acting as a bridge between Asia and Europe.