The Crypto region in the United Arab Emirates (UAE) is on track to become its second largest industry in the next five years, due to the country’s regulatory policies and attractive business environment, according to Chess Ergon, a board member of the publicly trading digital asset investment firm Defi Technologies.
“He has a reputation for leadership, law and community,” Argon told the coinlagraph in an interview. He also predicted:
“They sell oil, this is their main occupation. I think their second largest business is going to be a blockchain industry in the next five years. It will start to be part of double digits of the economy.”
There is a clear crypto regulatory framework in the country, a community of major crypto industry officials, a debt-free economy that allows the government to surplus technical investment, low crime, attractive policies and further thinking, said Argan.
https://www.youtube.com/watch?v=tsonyxtwk98
The UAE has created a gap, which has made it an undisputed hub for crypto and technology in the Middle East and Africa (MENA), amidst the race amid sovereign powers in the digital finance age of Crypto and as global leaders in the digital finance age.
Connected: Dubai and UAE steps to align Crypto Framework under the new partnership
Nation-state crypto adoption ramp in 2025
Following the inauguration and subsequent regulatory changes of President Donald Trump in the United States, the nation-state crypto adoption accelerated in 2025.
Trump White House released its long promised crypto Report In July, underlining the administration’s plan to make the US a global leader in Crypto.
The Pakistan government reversed its long -held protest for cryptocurrency in November 2024, a day before the US presidential election.
Since that time, Pakistan has established a national bitcoin reserve and has appointed a National Crypto Council to create a comprehensive digital asset regulatory structure within the country.
There is an exposure for bitcoin (BTC) through Sovereign Dhan Fund, Exchange-Trade Fund (ETF) and other investment vehicles including the UAE’s Mubadala and Norway’s sovereign funds.
According to the Crypto Research firm K33, Norway’s sovereign wealth funds, the largest state-directed investment fund in the world, increased by 192% in its bitcoin exposure compared to the previous year.
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