Bloomberg: FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants

Bloomberg: FTX Chaos Prompts Reckoning on Dubai’s Embrace of Crypto Giants. “FTX was one of the first firms granted a license by Dubai’s Virtual Asset​s Regulatory Authority as part of the push to lure business, and the exchange set up its regional headquarters in the city…. With FTX and Bankman-Fried now facing investigations from the US to the Bahamas, officials have distanced themselves from that decision, even scrubbing its license details from the regulator’s website.”

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