Cryptocurrencies will play an important role in global trade in the United Arab Emirates in the future, the UAE minister said.

UAE Minister Thani bin Ahmed Al-Zeyoudi has hinted at the inclusion of cryptocurrencies in national trade partnerships and policies in 2023. Al-Zeyoudi attended the 2023 World Economic Forum in Davos, Switzerland, where he emphasized the importance of global governance for cryptocurrencies and companies. Al-Zeyoudi further claimed, “When the UAE creates a regulatory framework for cryptocurrencies, the focus will be on making the Gulf countries crypto-friendly and have standard security. We started attracting some companies to the country with the aim of jointly establishing the required Correct governance and legal system." #ETH #crypto2023 #whycrypto