Crypto was on display in Dubai this Thursday where more than 10,000 visitors attended one of the world’s biggest exposition.
BitMarkets, ByBit and Bassam Muhammad Al Falasi, an advisor to HH Sheikh Butti Bin Suhail Al Maktoum, a member of Dubai’s Ruling Family, was there.
Some 100 crypto companies participated in total, with 90 speakers giving presentations on bitcoin, eth, and all things crypto.
“CRYPTO EXPO Dubai 2022 brings another day filled with networking, speaker sessions and new business opportunities,” the organizers said.
Igneus Terrenus, the Head of Communications at Bybit and Lennix Lai, Director of OKex, were two of the more prominent attendees in the two day event.
Marking this one of the crypto highlights in Dubai, a country that has tried to promote and adopt blockchain tech since at least 2018.
One of their most prominent company, property developer Emaar, went as far as to announce plans for the launch of a crypto token in 2019.
That’s after some suggested you could buy Emaar properties with bitcoin in Dubai’s hot housing market that tends to be even more volatile than cryptos.
This two day event thus may go some way towards making Dubai a regional crypto hub after they became one of the first to attract this space.
There’s no taxes there at all, which has made it a preferred destination for some of the richest people on earth, with crypto so gaining more prominence in that razzle dazzle of Arabian sun.