The UAE’s crypto sector is set to become its second-largest industry in the next five years, boosted by regulatory policies and a favorable business environment. The country’s clear regulatory framework, tech investments, low crime rates, and leadership make it the hub for crypto and tech in the MENA region.

Nation-state crypto adoption surged in 2025, with the US aiming to lead in crypto under the Trump administration. Pakistan reversed its stance on cryptocurrencies in 2024 and has since established a national Bitcoin reserve and crypto council. Sovereign wealth funds like UAE’s Mubadala and Norway’s fund are increasing Bitcoin exposure through ETFs.

Norway’s sovereign wealth fund has increased its Bitcoin exposure by 192% in the last year, demonstrating growing institutional interest in crypto. Saudi Arabia’s Riyadh is emerging as a potential crypto hub, highlighting the shift towards digital assets in the Middle East.

Read more at Cointelegraph: Crypto Set to Become UAE’s Number 2 Industry: Chase Ergen