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Scaramucci says strategic position makes UAE key blockchain and Web 3 player

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  Scaramucci says strategic position makes UAE key blockchain and Web 3 player Syed Atique Hussain Naqvi, Davos Switzerland  lockchain and Web 3 are the future and that the UAE’s strategic position globally and well-designed cities of Dubai and Abu Dhabi make them critical players in the industry, Anthony Scaramucci, founder of SkyBridge Capital and former White House Director of Communications, told Executive Editor of TRENDS media Syed Atique Hussain in an exclusive interview. Expressing his opinion on the regulation of cryptocurrency in the US, Scaramucci said that the industry needs more regulation to prevent immoral and aberrant behavior. He emphasized the importance of blockchain industry leaders and associated individuals working with public servants to regulate the market. He also suggested a need for a regulatory body similar to the Securities Exchange Commission to prevent scams and immoral behavior. Excerpts: What challenges do the GCC countries — especially the