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Latest from Al-Monitor PRO: What’s behind the UAE’s crypto push?

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Jul 26, 2022
Visitors stand in front of works by Bybit on display during the 15th edition of Art Dubai at Madinat Jumeirah in the Gulf emirate of Dubai, on March 10, 2022. - Art Dubai, the Middle East's largest annual contemporary art fair, featured for the first time digital works, as the wealthy Gulf emirate seeks to position itself as a crypto-assets hub. - RESTRICTED TO EDITORIAL USE - MANDATORY MENTION OF THE ARTIST UPON PUBLICATION - TO ILLUSTRATE THE EVENT AS SPECIFIED IN THE CAPTION (Photo by Karim SAHIB / AFP)

In our latest Al-Monitor PRO memo, Gulf analyst Sebastian Castelier looks at what’s behind the UAE’s latest push to become a cryptocurrency hub. 

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