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United Arab Emirates to Approve ICOs as ‘Securities’ in 2019 to Boost Corporate Funding

United Arab Emirates to Approve ICOs as ‘Securities’ in 2019 to Boost Corporate Funding
The United Arab Emirates (UAE) is pressing ahead with plans to introduce initial coin offerings (ICOs) as means toward fundraising for companies and startups in 2019. In an effort to boost financing in capital markets, the UAE will enable domestic companies to raise funding by offering cryptocurrency tokens to investors alongside traditional means like shares
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