The United Arab Emirates is fast emerging as a global hub for crypto. Chase Ergen highlights how the nation’s strong regulatory clarity, business‑friendly policies, and strategic vision are accelerating growth in blockchain and digital assets. With zero national debt, the UAE reinvests surpluses into tech and innovation, further boosting its competitiveness. Reflecting this momentum, he states: “They sell oil, that’s their main business. I think their second‑biggest business is going to be the blockchain industry in the next five years. This will start to be double‑digit parts of the economy.” This combination of factors— clear regulations and low taxes , government support backed by strong finances , and visionary leadership —positions the UAE to possibly see crypto become its second-largest industry soon.
