BREAKING 🚨
The EU's MiCA deadline is forcing unlicensed crypto firms to stop serving EU clients from July 1, prompting companies to look for alternative locations.
A significant number of firms are now considering the UAE as a potential hub.
Roughly half of the 120+ setup inquiries a week are coming from Europe, according to a Dubai lawyer ⚡. This shift may lead to a brain drain in the EU, but also create new opportunities in the UAE.
The community is invited to share thoughts on this development 📢, and vote on whether this move will positively or negatively impact the market 👀.
$SYN, $AIGENSYN, $SYN
The EU's MiCA deadline is forcing unlicensed crypto firms to stop serving EU clients from July 1, prompting companies to look for alternative locations.
A significant number of firms are now considering the UAE as a potential hub.
Roughly half of the 120+ setup inquiries a week are coming from Europe, according to a Dubai lawyer ⚡. This shift may lead to a brain drain in the EU, but also create new opportunities in the UAE.
The community is invited to share thoughts on this development 📢, and vote on whether this move will positively or negatively impact the market 👀.
$SYN, $AIGENSYN, $SYN