Abu Dhabi is becoming a popular destination for crypto companies, including Phoenix, Paxos, and eToro, as firms seek eager investors and friendlier regulators (Emily Nicolle/Bloomberg)

Emily Nicolle / Bloomberg:
Abu Dhabi is becoming a popular destination for crypto companies, including Phoenix, Paxos, and eToro, as firms seek eager investors and friendlier regulators  —  - Firms cite growing hub and friendly regulators as advantages  — UAE's crypto industry remains small compared to main hot spots