UAE allegedly second worldwide in cryptocurrency token sales - report

Published: 11 June 2019 - 8:55 p.m.
By: CommsMEA staff writer
The UAE is allegedly second worldwide in cryptocurrency token sales, according to a new report.

According to CoinSchedule, the UAE has emerged as the world’s second leading jurisdiction for digital token sales, accounting for more than one-fourth of global funds raised in Q1 2019. In comparison to last year, the UAE did not even rank in the top 10.

More than US$217 million was raised, accoridng to the data.

In first place was the British Virgin Islands.


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