The UAE is strengthening its position as a global center for modern finance and digital assets
Abu Dhabi, December 13 / WAM / The UAE has continued to strengthen its position as one of the most prominent global centers for modern finance and digital assets, through its strategic location between East and West, its economic stability, its supportive business environment, and its adoption of advanced legislation that provides a clear framework for innovating digital financial solutions and modern asset management.
International experts in the financial sector confirmed to the Emirates News Agency, WAM, that the country has become a global role model in the field of modern finance and financing via blockchain, adopting financial digitization, and establishing advanced regulatory frameworks for digital assets.
Marco Santori, CEO of Solmate, which specializes in building the basic infrastructure based on Solana and managing the treasury of digital assets, said that the UAE has become one of the most important global centers for modern finance and cross-chain financing, thanks to its strategic location, proximity to capital, and its business-friendly environment.
For his part, Scott Thiel, CEO and co-founder of Tokininvest, said that the future of financial management is based on a strong regulatory environment and a thoughtful digital transformation process, and that the UAE has become one of the most prominent global leaders in this field. The Virtual Assets Regulatory Authority and the Dubai Multi Commodities Center, for example, have created a clear and tailored framework for trading real, tokenized assets.
He added that regulatory clarity in the UAE contributes to increasing investor confidence, enhancing market integrity, and pushing the wheel of innovation forward, and that, thanks to its adoption of this proactive and comprehensive approach, the UAE is consolidating its position as a global model to be emulated in issuing, trading, and managing modern digital assets.
For his part, Mohammed Abdul Malik, President of PGIM Financial Services in the Middle East, said that technology has today become a fundamental pillar in the development of the real assets sector in the UAE.
He pointed out that marginal improvements are no longer sufficient to achieve sustainable growth, stressing that if companies are unable to adopt technology and build their digital capabilities, they will gradually be excluded by more advanced competitors.
Magdalena Boschkic, a digital currency compliance expert at the Swiss law firm Kellerhals Carrrad, said that the UAE has succeeded in establishing its position as an advanced global center in regulating digital assets, pointing out that the regulatory development in the country, whether through the Financial Services Regulatory Authority in Abu Dhabi Global, the Virtual Assets Regulatory Authority in Dubai, and the Dubai Financial Services Authority in Dubai, is considered among the most advanced in the world.
She pointed out that this proactiveness in preparing the legislative environment enabled the state to consolidate its position as a major destination for companies working in digital assets.
Andrey Lazorenko, CEO of the ADI Blockchain Infrastructure Foundation, stressed that the UAE, with its economic stability, global infrastructure, and strategic location between East and West, has become a leading global center for developing sovereign blockchain structures, regulating digital assets, and leading “Web 3” policies.
In turn, Akash Anand, Regional Director and Head of the Middle East and Africa Region at Avaloq, a Swiss company for integrated banking technology solutions, said that the advanced regulatory environment and rapid decision-making in the UAE have contributed to the country achieving leadership positions in asset management and financial technology.
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