Changpeng Zhao, founder of Binance, was a speaker at the Emerging Technology Governance Summit in Abu Dhabi on May 6, 2025. His presence is significant as the summit aims to influence regulations globally, increasing the adoption of digital assets.
500 Global Leaders Gather for Web3 Strategy Discussions
Changpeng Zhao’s appearance at the Abu Dhabi summit marks a major event in the crypto space. The summit, held under the patronage of His Highness Sheikh Mansour bin Zayed Al Nahyan, brought together over 500 leaders from government and industry. Zhao represented Binance and Giggle Academy to discuss the evolving landscape of Web3 and digital regulation.
The summit’s theme, “Web3, Regulation and the New Digital Economy,” underscored the blueprint for responsible innovation. With Zhao’s tone focused on increasing adoption in the industry, the event highlighted the UAE’s strategic engagement with blockchain technology by showcasing its commitment to technologically advanced governance.
Faisal Al Bannai, Secretary General of ATRC, stated, “Innovation without ambitious governance lacks sustainability. Through GETS 2025, the UAE reaffirms its belief that technological leadership must go hand in hand with ethical and inclusive policies that build trust and promote human progress globally.”
Ethereum Market Dynamics Highlighted in Regulatory Discussions
Did you know? Previous UAE regulatory summits have seen increased participation from local crypto institutions, a trend that is likely to continue with GETS 2025.
Ethereum (ETH) is trading at $1,766.94 with a market capitalization of $213.33 billion, representing 7.34% of the market. CoinMarketCap reports a 24-hour trading volume of $11.51 billion, up 7.04%. ETH price has decreased by 2.05% over the past 24 hours.
Experts from the Research Group predict that regulatory clarity will be a potential catalyst for wider institutional adoption. Previous events in the region have led to infrastructure advancements in blockchain projects, reflecting efforts to bolster market confidence and stimulate cryptocurrency growth. Additionally, platforms like OKX offer cryptocurrency trading to those looking to participate in the growing market.
