“Bitcoin has change into the key pillar within the trend forward for financing,” says Mohammed Al Shamsi, a UAE National Security reliable.
The senior reliable from the UAE National Security made the declaration at the Bitcoin MENA 2025 convention in Abu Dhabi, a convention taking device between December 8 and 9, 2025, at the ADNEC Centre with over 10,000 anticipated attendees and 300 speakers from spherical the arena.
What did Mohammed Al Shamsi narrate about Bitcoin?
Mohammed Al Shamsi declared Bitcoin to be a truly crucial a part of future finance techniques at Bitcoin MENA 2025, which is taking device from December 8-9 at the ADNEC Centre.
Al Shamsi described the contemporary financial enhancements as ancient. He said that the arena economic system is changing at unparalleled trail and that Bitcoin is “no longer just correct a digital asset.” Fixed with the senior reliable, Bitcoin has now change into a key pillar within the trend forward for financing.
Here is the second time the Bitcoin MENA convention has been held in Abu Dhabi. The gathering is anticipated to contrivance over 10,000 attendees from spherical the arena and positive aspects approximately 300 speakers, over 90 exhibitors, and sponsors.
The match positive aspects important speakers, including Michael Saylor, Changpeng Zhao, and Paul Manafort.
Regional leaders reminiscent of H.E. Dr. Mohamed Al Kuwaiti and Ahmed Bin Sulayem are furthermore collaborating. Proper by way of the convention, there will be extra than one phases specializing in assorted facets of Bitcoin, from technical development to institutional adoption.
Is the UAE’s device within the crypto market trusty?
The UAE has the third-biggest crypto economic system within the Heart East and North Africa squawk. The cryptocurrency market income within the UAE is projected to reach $395.9 million in 2025.
The UAE has a diversified crypto ecosystem that records significant exercise from both centralized and decentralized exchanges and finance platforms.
Between July 2023 and June 2024, the nation got over $34 billion in cryptocurrency transactions, indicating a 42% YoY enhance. Dubai’s digital-asset market reached 2.5 trillion dirhams, approximately $680 billion, in 2025. This contributes 0.5% to Dubai’s GDP.
The crypto commerce as a complete contributes approximately 100 billion dirhams, about $27.25 billion, to Dubai, making up 4.3% of the UAE’s GDP.
The UAE leads the Heart East squawk in Bitcoin adoption, namely. Extra than 30% of UAE residents, roughly three million of us, gain invested in cryptocurrencies. The nation recorded over 500,000 every day active crypto merchants. The area crypto millionaire inhabitants reached 241,700 folks worldwide, a 40% expand from the old year.
The nation has implemented quite a lot of favorable regulations, reminiscent of offering zero heed-added tax on Bitcoin transactions. The UAE furthermore has no interior most earnings tax or capital positive aspects tax. Dubai’s Virtual Resources Regulatory Authority oversees crypto operations within the Emirate, whereas Abu Dhabi has its possess Financial Companies and products Regulatory Authority framework.
The Heart East crypto market became valued at approximately $110.3 billion in 2024. The squawk is projected to reach $234.3 billion by 2033, with an anticipated compound annual enhance rate of 8.74%.
