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UAE reaffirms commitment to digital economy as Crypto.com COO visits

UAE reaffirms commitment to digital economy as Crypto.com COO visits
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Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, met with Eric Anziani, President and Chief Operating Officer of Crypto.com, a leading global cryptocurrency exchange, according to the UAE’s official news agency, WAM. The meeting took place at Sheikh Maktoum’s office in Dubai.

During the discussion, Sheikh Maktoum bin Mohammed emphasized the UAE’s strategic goal of becoming a global hub for the digital economy by fostering a regulatory environment and industry ecosystem that promotes innovation and excellence in digital assets and technologies.

He also reaffirmed Dubai’s commitment to accelerating digital transformation in line with the Dubai Economic Agenda D33, which seeks to generate an average of AED 100 billion in annual economic value through digital initiatives. The meeting explored potential collaboration opportunities in the digital economy, including emerging technologies, virtual assets, and financial innovation.

WAM noted that Crypto.com serves more than 80 million users worldwide, offering cryptocurrency trading, digital wallets, and payment solutions backed by digital assets. The company operates in Dubai through its local entity, CRO DAX Middle East FZE, which holds a Virtual Assets Service Provider (VASP) license from the Dubai Virtual Assets Regulatory Authority (VARA).

Also present at the meeting were several high-ranking officials, including Sultan bin Saeed Al Mansoori, Chairman of Dubai Chambers; Abdulla Al Basti, Secretary General of The Executive Council of Dubai; and Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism.

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