Abu dhabi: The United Arab Emirates has reinforced its status as a premier global hub for modern finance and digital assets, capitalizing on its strategic location, economic stability, and advanced legislation that fosters innovation in digital financial solutions and asset management.
According to Emirates News Agency, global financial experts have acknowledged the UAE as a global role model in modern finance, blockchain-based finance, and financial digitization, primarily due to its establishment of advanced regulatory frameworks for digital assets. Marco Santori, CEO of Solmate, noted the UAE's emergence as a significant hub for modern and on-chain finance, attributing this to its strategic location, proximity to capital, and supportive business environment.
Scott Thiel, CEO and co-founder of Tokinvest, emphasized the importance of a robust regulatory environment and digital transformation for the future of financial management. He highlighted the UAE's leadership in this area, citing entities like the Virtual Assets Regulatory Authority and the Dubai Multi Commodities Centre for creating frameworks for trading tokenized real-world assets. Thiel mentioned that regulatory clarity in the UAE boosts investor confidence, strengthens market integrity, and encourages innovation.
Mohammed Abdulmalek, Head of the Middle East for PGIM, underscored technology's role as a fundamental pillar in developing the UAE's real assets sector. He stressed that companies must adopt technology and build digital capabilities to ensure sustainable growth and remain competitive.
Magdalena Bo€¦¡kic, Crypto Compliance Expert at Kellerhals Carrard, praised the UAE's advanced global hub status for digital asset regulation. She pointed to the country's regulatory development through bodies like the Financial Services Regulatory Authority at Abu Dhabi Global Market and Dubai's Virtual Assets Regulatory Authority as among the most advanced worldwide. This legislative approach has positioned the UAE as a destination for companies in the digital assets sector.
Andrii Lazurenko, CEO of ADI Foundation, affirmed the UAE's leadership in developing blockchain infrastructures, regulating digital assets, and shaping Web3 policies, supported by its economic stability and world-class infrastructure. Akash Anand, Regional Director at Avaloq, noted that the UAE's regulatory environment and rapid decision-making have propelled the country to leading positions in asset management and financial technology.