UAE to integrate Avalanche into its national digital identity platform

Crypto Insight Summary: The United Arab Emirates (UAE) is shifting the blockchain infrastructure that supports its national digital identity platform onto Avalanche, according to statements from the blockchain company and the country’s federal telecom regulator. The identity platform called UAEPASS is used by about 12.5 million people in the country to access government and private sector services. TDRA,... Crypto Insight Analysis: Direction: Bullish AVAX Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: National adoption boosts Avalanche's credibility and usage but limited to UAE's population size.