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Gemini Eye UAE as Potential Hub for Crypto Exchange

The billionaire founders of Gemini, Cameron and Tyler Winklevoss, are considering Abu Dhabi and Dubai as potential Middle East hubs for their crypto exchange.

They are set to apply for a virtual asset licence in the UAE and have been encouraged by their conversations with regulators. The UAE has emerged as a global centre for virtual assets, with Dubai adopting the Dubai Virtual Asset Regulation Law last year to create a legal framework to protect investors.

The Winklevoss twins are on a world tour to meet financial regulators and crypto stakeholders, with plans to make Gemini a global company.

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