October 08, 2018 BY Mariela Naydenova
ICOs to become legitimate corporate funding options in UAE
The United Arab Emirates announced its plans to make initial coin offerings legitimate funding options for local businesses. Reuters reported that the new rule is to be introduced some time in 2019, allowing ICOs to "replace" IPOs, if companies decide to do so. The new rule means that ICOs will be equal in "weight" and…
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