Crypto.com's Dubai entity has been granted a VASP license by the city's regulator, allowing it to offer various services to retail and institutional investors. Dubai's clear regulatory framework for crypto firms has made it an attractive destination for companies, with Binance establishing its permanent headquarters in the region. Adoption of the ERC-4337 standard for smart accounts on Ethereum has been slower than expected, with low retention rates and unprofitable bundlers. #crypto