In just a few days, the world's largest exchange Binance, along with the largest and second largest stablecoin issuers Tether and Circle, have announced that they have obtained regulatory approval from ADGM!
The real clown now should be the HK government, who was the first to shout slogans, yet dares not take any action or achieve anything.
In the first 11 months of this year, the US government demonstrated what it means to establish a global crypto financial center, and in the last month of this year, the UAE will demonstrate what it means to establish an Asian crypto financial center!
China, Hong Kong, and Singapore will all be lying on the ground in the blockchain era!