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Crypto Scammers Will Get Up to Five Years of Jail, Fine of AED 1 Million Under New UAE Regulations

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Promoting cryptocurrencies unknown by the government, some of which could be scam traps, has now been rendered a punishable offense in the UAE. The change comes as part of reformed cyber laws in the country, focused on reducing financial crimes.

from Gadgets 360 https://ift.tt/3etg8qi
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