With nearly 3 million users— around a third of its population — the United Arab Emirates has the world’s highest cryptocurrency adoption rate, by some estimates. But the Gulf nation doesn’t just want to buy digital currencies — it wants to become a crypto capital. “Our global users now have the assurance that we’re subject to the regulatory oversight of ADGM,” Binance CEO Richard Teng told CNN. Ronit Ghose, head of future of finance at Citi Global Insights. They talk about Bitcoin as ‘digital gold,’ but it’s not — it’s got nothing in common with gold,” said Schiff, who debated tokenized gold and stablecoins at Binance Blockchain Week with Changpeng Zhao, Binance’s co-founder and former CEO.

Source: Egypt Independent December 27, 2025 15:14 UTC