Approximately 15,000 crypto enthusiasts attended TOKEN2049 in Dubai, reflecting mixed confidence regarding Trump’s crypto promises. Bitcoin’s value dropped by 12% post-election peak due to tariffs and economic uncertainties, impacting investor sentiment.
Despite US regulatory challenges, Dubai secured a $2 billion investment from Abu Dhabi’s MGX to bolster its crypto environment. The first quarter of 2025 noted significant capital inflows of $5.4 billion into the sector, highlighting Dubai’s rising prominence in the crypto market.
Leave a Reply