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CryptoWorld News reports that according to UAE media, UAE Minister of Economy and Tourism, Bin Touq, conducted an inspection of the Dubai gold market to assess merchants' compliance with regulations related to the gold industry, especially those related to anti-money laundering and counter-terrorism financing (AML/CFT) as well as counter-proliferation financing (CPF) frameworks. Bin Touq emphasized that the UAE has made significant progress in building a comprehensive legislative and regulatory framework for gold trade.