This week Joe is joined by Gilson Costa CEO of VAF Compliance in the UAE. Gilson started VAF as a solution to the lack of bank accounts for individuals and entities in the crypto space but it soon evolved into a fully-fledged compliance firm focusing on digital assets.Joe and Gilson discuss the importance of compliance and regulation moving the industry forward, helping adoption and consumer confidence. Gilson also expresses his belief that the UAE and Golf Cooperation Council (GCC) have the potential to become leaders in the field due to their progressive regulations and the influx of talent from around the world.They also discuss licensing models and free zones in the UAE, highlighting the importance of businesses knowing the differences, costs and the limitations that can come with registering in certain zones.