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Abdulla Kanoo, heir to the Kanoo family in Bahrain and co-founder of ARP Digital, said that ARP Digital is building blockchain-based payment and settlement infrastructure to facilitate capital flows between emerging economies. Kanoo noted that trade volume between emerging economies will exceed $6 trillion in 2024, and the related market could reach $32 trillion by 2030. ARP Digital holds a Class 3 crypto asset service provider license from the Central Bank of Bahrain, and has obtained in-principle approval from the Dubai Virtual Assets Regulatory Authority (VARA). (CoinDesk)