Dubai is rapidly establishing itself as a central hub for the cryptocurrency industry. The recent TOKEN2049 conference attracted approximately 15,000 attendees, including major players like BlackRock, Goldman Sachs, and Binance. Despite global market fluctuations, Dubai’s favorable regulatory environment and significant investments, such as a $2 billion injection into Binance by Abu Dhabi’s MGX, underscore its growing prominence in the crypto sector.

Source: Reuters