Russians Looking to the UAE to Unload Billions in Crypto Assets: Report

2022-3-12 20:22

Worried about Western nations seizing their assets, Russians are eyeing the UAE as a safe-haven, according to Reuters.

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Russians are liquidating crypto in the UAE to seek safe havens: report

Russian crypto holders are reportedly liquidating billions of dollars in virtual currency, putting these into investments in Dubai. Some have sought to buy into other safe-haven assets. According to a report by Reuters on Friday, 11 March, digital asset platforms based in the United Arab Emirates (UAE) have been inundated by requests to sell Bitcoin […] The post Russians are liquidating crypto in the UAE to seek safe havens: report appeared first on Invezz.

2022-3-11 20:42