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FTX’s bankruptcy had no impact on Dubai’s economy, says DET chief Al Marri

Dubai’s robust regulations shielded it from FTX collapse.

March 5, 2023April 5, 2023

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Robust regulations in place
“Initially, when we met companies like FTX, we were, of course, none the wiser about how it would turn out. But we did know that we worked very closely with the industry to put in a set of regulations that ensured people had to go through a very rigorous process to operationalize in Dubai and the UAE.”