Dubai Hosts a Massive Crypto Expo

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This Thursday, crypto was on exhibit in Dubai, when over 10,000 attendees attended one of the world’s largest expos.

There were also representatives from BitMarkets, ByBit, and Bassam Muhammad Al Falasi, an adviser to HH Sheikh Butti Bin Suhail Al Maktoum, a member of Dubai’s ruling family.

There were over 100 crypto firms in attendance, and 90 presenters gave talks on bitcoin, eth, and all things crypto.

March 2022, Dubai International Cryptocurrency Expo

“CRYPTO EXPO Dubai 2022 will include an additional day of networking, speaker sessions, and new business prospects,” organisers said.

Igneus Terrenus, Bybit’s Head of Communications, and Lennix Lai, OKex’s Director, were two of the event’s more famous guests.

This is one of the most significant crypto events in Dubai, a nation that has been attempting to promote and implement blockchain technology since at least 2018.

Emaar, one of their most renowned companies, even announced intentions to issue a crypto coin in 2019. That comes after several proposed using bitcoin to purchase Emaar apartments in Dubai’s burgeoning property market, which is notoriously more volatile than cryptos.

Thus, this two-day event may contribute to Dubai becoming a regional crypto centre, having been one of the first to attract this field.

There are no taxes there, which has made it a favourite vacation for some of the world’s wealthiest individuals, with crypto gaining notoriety amid the Arabian sun’s razzle-dazzle.

Also Read: Argentina’s Government Would ‘Discourage’ The Use Of Crypto Under The Terms Of A Proposed IMF Agreement

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