The United Arab Emirates topped the ranking in terms of the amount of money raised by the operations of the ICO, where about $ 210 million was raised in the UAE United Arab Emirates in January and February of this year, according to reports published by Icobench.

While Singapore and the UK continue to be the most countries where ICO operations are taking place on the market, the UAE has crossed them in terms of the amount collected.

The United Arab Emirates achieved a staggering $ 142 million, representing about 41% of the total sums collected by ICO operations worldwide, in January 2019 The latter exceeded Estonia, which raised more than $ 64 million, making up 19% of the total money raised with those operations around the world.

The total amount raised was over $ 347 million, as the top 5 countries were responsible for 63% of the funds.

The UAE has become the first country in this category due to the presence of one ICO company, Genesis Crypto Blockchain Investment, which raised more than $ 142 million. The aim of this project is to build a bank that is fully compatible and fully compatible with the necessary regulatory framework and technological infrastructure.

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