CZ Notices Crypto Enthusiasts Gravitating Towards UAE or Bahrain⚡️⚡️

Recently shared his observation on the X platform about the trend of individuals involved in the crypto industry. According to CZ, crypto enthusiasts tend to gravitate towards the United Arab Emirates (UAE) and Bahrain.

CZ noted that the trend has caught his attention. In his words, “It feels like every crypto guy I know is in UAE or Bahrain.”

Zhao’s sentiment elicited various reactions from the crypto community. Some commenters opined that the appeal of the UAE and Bahrain is largely attributed to their crypto-friendly policies and active adoption of digital currencies. They believe the favorable regulatory climate of the Middle Eastern destinations makes them a welcoming environment for more crypto enthusiasts.

Meanwhile, amid the appeal of the crypto-friendly Middle Eastern jurisdictions, a prominent crypto influencer dubbed IncomeSharks expressed frustration at the situation in the United States. IncomeSharks conveyed a sense of disappointment, remarking that it is regrettable that the United States, often celebrated as “the land of the free,” maintains an unfavorable stance on cryptocurrencies.#uniswap #ETH #ztx #ftx #BinanceSquare