Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says

Crypto Will ‘Play a Major Role’ in UAE Trade Going Forward, Minister Says


The United Arab Emirates (UAE) minister of state for foreign trade says that cryptocurrency “will play a major role for UAE trade going forward.” He stressed: “The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies.”

Crypto to Play a Major Role in the UAE

United Arab Emirates Minister of State for Foreign Trade Thani Al Zeyoudi talked about cryptocurrency Friday during an interview with Bloomberg in Davos, Switzerland.

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He shared that one area the UAE is looking to expand is cryptocurrencies, adding:

Crypto will play a major role for UAE trade going forward.

“The most important thing is that we ensure global governance when it comes to cryptocurrencies and crypto companies,” Al Zeyoudi described.

“We started

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