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 Hong Kong government, which was the first to shout slogans but dares not take any action or make any progress.
In the first 11 months of this year, the US government demonstrated what it means to establish a global cryptocurrency financial center; in the last month of this year, the UAE will demonstrate what it means to establish an Asian cryptocurrency financial center.
Perhaps in a few months, the Hong Kong government will only be able to establish a cryptocurrency financial center at Hong Kong Island + Kowloon Peninsula + Hong Kong-Zhuhai-Macao Bridge, without even including the Nanshan District of Shenzhen.
#BNB is severely underestimated.