Abu Dhabi is rapidly emerging as a global crypto hub, attracting over $30 billion in investments in 2024. The UAE's proactive regulatory framework, including zones like the Abu Dhabi Global Market (ADGM), offers a balance between innovation and security for investors. Notably, MGX, an Abu Dhabi-based AI-focused fund, invested $2 billion in Binance, marking a significant institutional endorsement of the crypto exchange. Additionally, the UAE has introduced the AE Coin, a stablecoin pegged to the UAE dirham, further solidifying its position in the digital asset space.

Dubai Times

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