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Dubai ranked as Asia's top cryptocurrency hub this week as the region's regulatory and institutional landscape fractured along sharply different lines.
Japan's SBI Crypto shut down the world's 12th-largest Bitcoin mining pool, India moved to block its banking sector from crypto exposure, and Russia said it would push ahead with the digital ruble regardless of European Union sanctions.
Dubai Leads Asia's Crypto Hub Rankings The emirate secured the leading position among Asian crypto centers, according to the Asia Express regional roundup.
The designation puts Dubai ahead of established financial cities competing for digital asset business, developer talent, and institutional capital.
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