The cryptography sector with the United Arab Emirates (Water) is on the right track to become its second industry over the next five years, due to the regulatory policies of the country and the attractive commercial environment, according to Chase Ergen, member of the board of directors of the digital investment company on digital assets, DEFI Technologies.
“They have a reputation for leadership, legislation and community,” Ergen told Cintelegraph in an interview. He also predicted:
“They sell oil, this is their main matter. I think their second company will be the blockchain industry over the next five years. It will start to be two figures in the economy. ”
The country has a Clear Crypto regulatory framework, a community of key executives in cryptographic industry, an economy without debt which allows the government to complete a surplus in technological investments, low crimes, attractive tax policies and avant-garde leadership, added Ergen.
https://www.youtube.com/watch?v=tsonyxtwk988
The United Arab Emirates have created a gap that made it the undisputed center of crypto and technology in the Middle East and Africa (MENA) in the midst of the growing adoption of the nation-state of the crypto and the race between sovereign powers to become world leaders in the era of digital finance.
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The adoption of national cryptography increased in 2025
The adoption of the cryptography of the nation-state accelerated in 2025, following the inauguration of President Donald Trump in the United States and the quarter of regulation that followed.
Trump’s White House published its crypto report promised for a long time in July, describing the administration plan to make the United States the world leader in crypto.
The Government of Pakistan reversed its long-standing opposition to cryptocurrencies in November 2024, one day before the American presidential election.
Since then, Pakistan has created a national Bitcoin reserve and has appointed a National Cryptography Council to create a complete regulatory framework of digital assets in the country.
The sovereign funds, including the Mubadala of the United Arab Emirates and the sovereign fund of Norway, are exposed to Bitcoin (BTC) through funds negotiated on the stock market (ETF) and other investment vehicles.
The Sovereign Fund of Norway, the largest investment fund led by the state in the world, increased its 192% Bitcoin exposure in the past year, according to the Crypto K33 research firm.
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