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Bybit Collaborates with UAE University to Foster Crypto Adoption in the Region

Cryptocurrency exchanges are seeking better business environments as the regulatory environment in the United States becomes more challenging. The United Arab Emirates (UAE) is one such region, and Bybit, one of the world's most popular exchanges, has recognized its potential.

Bybit has partnered with the American University of Sharjah (AUS) to increase crypto adoption in the UAE, injecting AED 1,000,000 into the Bybit Scholarship fund for computer science and computer engineering students. The scholarship fund will take effect this fall, and Bybit will also sponsor a blockchain Hackathon in the UAE.

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