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UAE defends crypto push at World Economic Forum amid FTX fallout

Emirati Minister Omar Sultan Al Olama discussed Samuel Bankman-Fried’s infamous trip to Dubai, cryptocurrency regulation, decentralized finance and more in Davos.

An Emirati official addressed the World Economic Forum in Davos Thursday on the state of cryptocurrency in light of the recent market crash. 

The United Arab Emirates’ minister for Artificial Intelligence, Digital Economy and Remote Work Application, Omar Sultan Al Olama, participated in a panel entitled “Finding the Right Balance for Crypto” at the annual forum. 

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