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CertiK Reports on Digital Asset Security Risks and Institutional Needs in the UAE
(4 hours ago) · 1 source · Summarized by CryptoBipto
Blockchain security firm CertiK has highlighted security risks facing digital assets in the UAE, pointing to incidents that have resulted in approximately $8 million in losses. The report emphasizes the gap between licensing frameworks and the actual security infrastructure needed to protect institutional and retail participants in the region.
WHY IT MATTERS
When a country creates rules for crypto companies to operate legally, that is called licensing.
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SOURCES
- beincrypto.com
RELATED
Blockchain SecurityUAE RegulationInstitutional AdoptionCrypto Auditing
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