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dealzone
Brevan Howard Points to the UAE as a Crucial Crypto Trading Hub
The well-known hedge fund Brevan Howard has disclosed that a sizable amount of its currency trading operations are carried out via the United Arab Emirates (UAE) because of the nation's innovative and well-balanced regulatory framework. During a panel at the Icm conference in Dubai, where business executives discussed strategies and trends in hedge fund management, the company's compliance chief underlined the significance of regulatory transparency. UAE's Regulatory Approach Fuels Crypto Growth Ryan Taylor, Group Head of Compliance at Brevan Howard, attributed the firm's decision to conduct substantial crypto trading from the UAE to the region’s pragmatic regulatory framework. "The UAE's regulators are strict, but they want the industry to prosper," Taylor said during the conference. They craft sensible regulations and remain open to dialogue with the sector to adapt these rules as the market evolves." While Taylor refrained from providing exact figures, he highlighted that crypto trading constitutes approximately $2 billion of Brevan Howard’s total strategies, which currently stand at $35 billion.He restated that a sizeable portion of the company's trading activities are conducted in the United Arab Emirates. Rising Investment Opportunities in the UAE Brandon Robinson, who was Deputy Head of Client Markets at JPMorgan Wealth Management, who took part in an identical panel discussion, underscored the UAE's attraction as a financial center of the world. According to Robinson, the company is aggressively looking into new investment options in the area, such as hedge fund projects and equities markets. Robinson remarked, "We are quite enthused about the potential arising here in the UAE." He went on to say that Goldman has been interacting with a number of hedge fund directors in the region because of its extraordinary and quick expansion. Dubai's Hedge Fund Ecosystem Expands The Dubai Islamic Financial Center Authority's (DIFC) Head of Financial and Asset Management, Jonathan Beardall, also emphasized the growing hedge fund sector in Dubai. Beardall said that there are already 65 hedge funds in the city and that five more will be registered in the upcoming weeks, increasing the overall number to 70. "We believed last year’s increase was enormous, but it is still just as powerful this year," Beardall said in reference to the industry's impressive expansion. This trend highlights Dubai's expanding stature as a major worldwide financial hub, especially in the field of alternative investments. Strong Performance for Macro Hedge Funds Hedge funds focused on macroeconomic trading strategies have also seen positive returns this year. Compared to the comparable period last year, funds in this class were up 3.6% season-to-date until the end of October, according to research from the hedge fund research company Pivotal Path. This performance aligns with the broader growth trends observed in the industry. As Dubai continues to strengthen its position as a leading financial hub, the UAE’s favorable regulatory environment and expanding hedge fund ecosystem are poised to attract even more global investment in the years ahead.
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dealzone
Brevan Howard Points to the UAE as a Crucial Crypto Trading Hub
The well-known hedge fund Brevan Howard has disclosed that a sizable amount of its currency trading operations are carried out via the United Arab Emirates (UAE) because of the nation's innovative and well-balanced regulatory framework. During a panel at the Icm conference in Dubai, where business executives discussed strategies and trends in hedge fund management, the company's compliance chief underlined the significance of regulatory transparency. UAE's Regulatory Approach Fuels Crypto Growth Ryan Taylor, Group Head of Compliance at Brevan Howard, attributed the firm's decision to conduct substantial crypto trading from the UAE to the region’s pragmatic regulatory framework. "The UAE's regulators are strict, but they want the industry to prosper," Taylor said during the conference. They craft sensible regulations and remain open to dialogue with the sector to adapt these rules as the market evolves." While Taylor refrained from providing exact figures, he highlighted that crypto trading constitutes approximately $2 billion of Brevan Howard’s total strategies, which currently stand at $35 billion.He restated that a sizeable portion of the company's trading activities are conducted in the United Arab Emirates. Rising Investment Opportunities in the UAE Brandon Robinson, who was Deputy Head of Client Markets at JPMorgan Wealth Management, who took part in an identical panel discussion, underscored the UAE's attraction as a financial center of the world. According to Robinson, the company is aggressively looking into new investment options in the area, such as hedge fund projects and equities markets. Robinson remarked, "We are quite enthused about the potential arising here in the UAE." He went on to say that Goldman has been interacting with a number of hedge fund directors in the region because of its extraordinary and quick expansion. Dubai's Hedge Fund Ecosystem Expands The Dubai Islamic Financial Center Authority's (DIFC) Head of Financial and Asset Management, Jonathan Beardall, also emphasized the growing hedge fund sector in Dubai. Beardall said that there are already 65 hedge funds in the city and that five more will be registered in the upcoming weeks, increasing the overall number to 70. "We believed last year’s increase was enormous, but it is still just as powerful this year," Beardall said in reference to the industry's impressive expansion. This trend highlights Dubai's expanding stature as a major worldwide financial hub, especially in the field of alternative investments. Strong Performance for Macro Hedge Funds Hedge funds focused on macroeconomic trading strategies have also seen positive returns this year. Compared to the comparable period last year, funds in this class were up 3.6% season-to-date until the end of October, according to research from the hedge fund research company Pivotal Path. This performance aligns with the broader growth trends observed in the industry. As Dubai continues to strengthen its position as a leading financial hub, the UAE’s favorable regulatory environment and expanding hedge fund ecosystem are poised to attract even more global investment in the years ahead.
0.00
2
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dealzone
Brevan Howard Points to the UAE as a Crucial Crypto Trading Hub
The well-known hedge fund Brevan Howard has disclosed that a sizable amount of its currency trading operations are carried out via the United Arab Emirates (UAE) because of the nation's innovative and well-balanced regulatory framework. During a panel at the Icm conference in Dubai, where business executives discussed strategies and trends in hedge fund management, the company's compliance chief underlined the significance of regulatory transparency. UAE's Regulatory Approach Fuels Crypto Growth Ryan Taylor, Group Head of Compliance at Brevan Howard, attributed the firm's decision to conduct substantial crypto trading from the UAE to the region’s pragmatic regulatory framework. "The UAE's regulators are strict, but they want the industry to prosper," Taylor said during the conference. They craft sensible regulations and remain open to dialogue with the sector to adapt these rules as the market evolves." While Taylor refrained from providing exact figures, he highlighted that crypto trading constitutes approximately $2 billion of Brevan Howard’s total strategies, which currently stand at $35 billion.He restated that a sizeable portion of the company's trading activities are conducted in the United Arab Emirates. Rising Investment Opportunities in the UAE Brandon Robinson, who was Deputy Head of Client Markets at JPMorgan Wealth Management, who took part in an identical panel discussion, underscored the UAE's attraction as a financial center of the world. According to Robinson, the company is aggressively looking into new investment options in the area, such as hedge fund projects and equities markets. Robinson remarked, "We are quite enthused about the potential arising here in the UAE." He went on to say that Goldman has been interacting with a number of hedge fund directors in the region because of its extraordinary and quick expansion. Dubai's Hedge Fund Ecosystem Expands The Dubai Islamic Financial Center Authority's (DIFC) Head of Financial and Asset Management, Jonathan Beardall, also emphasized the growing hedge fund sector in Dubai. Beardall said that there are already 65 hedge funds in the city and that five more will be registered in the upcoming weeks, increasing the overall number to 70. "We believed last year’s increase was enormous, but it is still just as powerful this year," Beardall said in reference to the industry's impressive expansion. This trend highlights Dubai's expanding stature as a major worldwide financial hub, especially in the field of alternative investments. Strong Performance for Macro Hedge Funds Hedge funds focused on macroeconomic trading strategies have also seen positive returns this year. Compared to the comparable period last year, funds in this class were up 3.6% season-to-date until the end of October, according to research from the hedge fund research company Pivotal Path. This performance aligns with the broader growth trends observed in the industry. As Dubai continues to strengthen its position as a leading financial hub, the UAE’s favorable regulatory environment and expanding hedge fund ecosystem are poised to attract even more global investment in the years ahead.
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cryptoland
What Are Crypto Banks and How Do They Work?
Like our traditional banks, crypto banks are also financial institutions, but they also deal with cryptocurrencies. Crypto banks allow most people to keep their funds in a digital wallet or spend it as they would with fiat money. People can manage crypto balances on the exchange platform. Here, one more major difference between crypto banking and traditional banking is that no government authority regulates crypto coins. Digitization made saving and spending money hassle-free. In recent times, new services, platforms, and applications have been introduced to help people manage bitcoin and other such digital coins in their daily financial activities. As we described above, Crypto Banks help people to maintain their crypto assets, people can save, spend, and transfer cryptocurrencies and they can also earn interest on their savings. However, Crypto Banks has some advantages, user doesn’t have to visit a physical building and wait for their turn to deposit, withdraw, or lend money. Everything can be done online. It is backed by blockchain technology which features top-notch security and even traditional banks have eyes on it. If you are looking for a good crypto bank then crypcoinbank.com is here for you. It is a versatile crypto banking platform that offers saving, staking, and mining features. The interest rate on saving and staking is the highest in the market and security is industry-leading. User can save their crypto assets in saving or staking accounts and they will keep earning interest on it. So don’t waste your time and money and join Crypto Bank now.
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cryptoland
What Are Crypto Banks and How Do They Work?
Like our traditional banks, crypto banks are also financial institutions, but they also deal with cryptocurrencies. Crypto banks allow most people to keep their funds in a digital wallet or spend it as they would with fiat money. People can manage crypto balances on the exchange platform. Here, one more major difference between crypto banking and traditional banking is that no government authority regulates crypto coins. Digitization made saving and spending money hassle-free. In recent times, new services, platforms, and applications have been introduced to help people manage bitcoin and other such digital coins in their daily financial activities. As we described above, Crypto Banks help people to maintain their crypto assets, people can save, spend, and transfer cryptocurrencies and they can also earn interest on their savings. However, Crypto Banks has some advantages, user doesn’t have to visit a physical building and wait for their turn to deposit, withdraw, or lend money. Everything can be done online. It is backed by blockchain technology which features top-notch security and even traditional banks have eyes on it. If you are looking for a good crypto bank then crypcoinbank.com is here for you. It is a versatile crypto banking platform that offers saving, staking, and mining features. The interest rate on saving and staking is the highest in the market and security is industry-leading. User can save their crypto assets in saving or staking accounts and they will keep earning interest on it. So don’t waste your time and money and join Crypto Bank now.
0.00
4
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cryptoland
What Are Crypto Banks and How Do They Work?
Like our traditional banks, crypto banks are also financial institutions, but they also deal with cryptocurrencies. Crypto banks allow most people to keep their funds in a digital wallet or spend it as they would with fiat money. People can manage crypto balances on the exchange platform. Here, one more major difference between crypto banking and traditional banking is that no government authority regulates crypto coins. Digitization made saving and spending money hassle-free. In recent times, new services, platforms, and applications have been introduced to help people manage bitcoin and other such digital coins in their daily financial activities. As we described above, Crypto Banks help people to maintain their crypto assets, people can save, spend, and transfer cryptocurrencies and they can also earn interest on their savings. However, Crypto Banks has some advantages, user doesn’t have to visit a physical building and wait for their turn to deposit, withdraw, or lend money. Everything can be done online. It is backed by blockchain technology which features top-notch security and even traditional banks have eyes on it. If you are looking for a good crypto bank then crypcoinbank.com is here for you. It is a versatile crypto banking platform that offers saving, staking, and mining features. The interest rate on saving and staking is the highest in the market and security is industry-leading. User can save their crypto assets in saving or staking accounts and they will keep earning interest on it. So don’t waste your time and money and join Crypto Bank now.
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