According to CoinTelegraph: The UAE is an ideal environment for the growth of crypto, as 65% of the UAE population owns cryptocurrencies.
In an interview with CoinTelegraph magazine, Anastasia Ulyanova, founder and CEO of the crypto rating agency ARIA, said that Dubai and Abu Dhabi have developed an ideal environment for crypto regulations.
The expert said the two states have a perfect balance, with increasing regulations but without stifling innovation as seen in many other places around the world.
CoinTelegraph magazine noted that cryptocurrency leaders, including Binance CEO CZ, are based in Dubai, and that more than 65% of the UAE population owns cryptocurrencies.
The magazine said that Dubai is outperforming traditional powers such as the United States, the United Kingdom and Switzerland, and that this is due to three reasons: clarity, capital and conviction.
It praised Dubai’s law for formally legitimizing FARA’s mandate, thus giving the cryptocurrency sector a de facto legal home rather than mere regulatory tolerance. It noted that while most of the world suffers from power struggles, the UAE has managed to coordinate effectively, a rare occurrence.
According to CoinTelegraph, clear laws and regulations are important, but cryptocurrencies don’t grow in isolation. They need capital, infrastructure, and institutional will, and the UAE possesses all three.
The magazine noted that MGX has invested heavily in cryptocurrencies and blockchain infrastructure over the years, and said that the UAE’s move towards crypto is not just about speculative financing but is part of a broader national vision for digital leadership.
The magazine concluded its article by stating that the UAE is laying the foundation for a long-term sovereign digital asset economy that encompasses everything from trading and custody to tokenized real estate, AI governance, and blockchain-backed government infrastructure.
