The post Dubai Blockchain Week 2025 : Binance CEO Richard Teng Backs UAE’s Crypto Push appeared first on Coinpedia Fintech News Richard Teng’s latest post on X added fresh momentum to an already busy week in Dubai. Sharing photos with UAE Minister H.E. Omar Al Olama, the Binance CEO praised the country’s long-term approach to emerging tech, calling the minister’s message “powerful” and saying the UAE’s “forward-thinking, fundamentals-first approach since 2015” is why it has become …The post Dubai Blockchain Week 2025 : Binance CEO Richard Teng Backs UAE’s Crypto Push appeared first on Coinpedia Fintech News Richard Teng’s latest post on X added fresh momentum to an already busy week in Dubai. Sharing photos with UAE Minister H.E. Omar Al Olama, the Binance CEO praised the country’s long-term approach to emerging tech, calling the minister’s message “powerful” and saying the UAE’s “forward-thinking, fundamentals-first approach since 2015” is why it has become …

Dubai Blockchain Week 2025 : Binance CEO Richard Teng Backs UAE’s Crypto Push

2025/12/03 20:34
3 min read
Digital Dirham

The post Dubai Blockchain Week 2025 : Binance CEO Richard Teng Backs UAE’s Crypto Push appeared first on Coinpedia Fintech News

Richard Teng’s latest post on X added fresh momentum to an already busy week in Dubai.

Sharing photos with UAE Minister H.E. Omar Al Olama, the Binance CEO praised the country’s long-term approach to emerging tech, calling the minister’s message “powerful” and saying the UAE’s “forward-thinking, fundamentals-first approach since 2015” is why it has become a global hub.

UAE Stays Firm on Its Digital Vision

During his session at Binance Blockchain Week, Al Olama made one point very clear: the UAE isn’t adjusting its path.

“Our stance has not and will not change,” he said, reaffirming that the country sees blockchain and digital assets as part of its long-term economic plan.

He used a simple analogy to explain the UAE’s mindset. A child raised in the desert imagines what can be built; a child raised in the forest admires what already exists. For the UAE, he said, the focus has always been on creating what’s next.

Al Olama also reminded attendees that the UAE formed one of the world’s first crypto councils back in 2015 – long before the rest of the world warmed up to the sector.

  • Also Read :
  •   Analyst Explains How JPMorgan, Vanguard and BoA “Absorbed” Bitcoin in Nine Days
  •   ,

Industry Leaders Point to UAE’s Predictable Strategy

During a separate session, Aramex founder and Wamda Capital Executive Chairman Fadi Ghandour praised the UAE for creating a stable environment for innovation. He said the country’s approach gives entrepreneurs and investors something rare in emerging industries: clarity.

“In this country, crypto is just one piece of the puzzle,” he said, explaining that the UAE’s broader future-focused plan makes digital assets easier to build around.

He compared the UAE’s long-term strategy to the way founders pitch investors with a clear vision and a path to get there.

New Rules Strengthen the Framework

All of this arrives as the UAE enforces a new central bank law that brings digital assets and DeFi into the country’s traditional banking system.

Every crypto business operating in or from the UAE must now be licensed by the CBUAE, with fines reaching up to 1 billion dirhams ($272M) for unlicensed activity.

The UAE is busy building its foundation – a positive signal for the crypto industry.

Never Miss a Beat in the Crypto World!

Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

bell icon Subscribe to News

FAQs

What is Binance Blockchain Week Dubai 2025?

Binance Blockchain Week is the flagship worldwide Web3 conference hosted through Binance , uniting crypto lovers, innovators, leaders, builders, regulators, and buyers for two days of keynotes, panels, workshops, and networking on Bitcoin, DeFi, stablecoins, law, Web3 infrastructure, and bills.

What makes the UAE and Dubai major hubs for blockchain and crypto?

The UAE and Dubai offer clear, long-term rules and strong government support, making them top destinations for global crypto builders.

How popular is crypto in Dubai in 2025?

Dubai has a 25.3% crypto ownership rate, making it one of the highest-adopting regions globally.

What is Dubai’s crypto regulatory approach in 2025?

Dubai uses strict licensing under VARA and new central bank rules, ensuring safe, transparent operations for all crypto businesses.

Market Opportunity
EPNS Logo
EPNS Price(PUSH)
$0.01177
$0.01177$0.01177
+0.40%
USD
EPNS (PUSH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Raydium’s 200% volume spike tests RAY’s breakout strength – Here’s why

Raydium’s 200% volume spike tests RAY’s breakout strength – Here’s why

The post Raydium’s 200% volume spike tests RAY’s breakout strength – Here’s why appeared on BitcoinEthereumNews.com. RAY surged over 11% in 24 hours to $0.69 as
Share
BitcoinEthereumNews2026/02/17 18:10
Vitalik Buterin lays out new Ethereum roadmap at EDCON

Vitalik Buterin lays out new Ethereum roadmap at EDCON

The post Vitalik Buterin lays out new Ethereum roadmap at EDCON appeared on BitcoinEthereumNews.com. At EDCON 2025 in Osaka, Ethereum co-founder Vitalik Buterin delivered fresh details of Ethereum’s technical roadmap, delineating both short-term scaling goals and longer-term protocol transformations. The immediate priority, according to slides from the presentation, is scaling at the L1 level by raising the gas limit while maintaining decentralization. Tools such as block-level access lists, ZK-EVMs, gas repricing, and slot optimization were highlighted as means to improve throughput and efficiency. A central theme of the presentation was privacy, divided into protections for on-chain “writes” (transactions, voting, DeFi operations) and “reads” (retrieving blockchain state). Write privacy could be achieved through client-side zero-knowledge proofs, encrypted voting, and mixnet-based transaction relays. Read privacy efforts include trusted execution environments, private information retrieval techniques, dummy queries to obscure access patterns, and partial state nodes that reveal only necessary data. These measures aim to reduce information leakage across both ends of user interaction. In the medium term, Ethereum’s focus shifts to cross-Layer-2 interoperability. Vitalik described trustless L2 asset transfers, proof aggregation, and faster settlement mechanisms as key milestones toward a seamless rollup ecosystem. Faster slots and stronger finality, supported by techniques like erasure coding and three-stage finalization (3SF), are also in scope to enhance responsiveness and security. The roadmap also includes Stage 2 rollup advancements to strengthen verification efficiency, alongside a call for broader community participation to help build and maintain these improvements. The long-term “Lean Ethereum” blueprint emphasizes security, simplicity and optimization, with ambitions for quantum-resistant cryptography, formal verification of the protocol, and adoption of ideal primitives for hashing, signatures, and zero-knowledge proofs. Buterin stressed that these improvements are not just for scalability but to make Ethereum a stable, trustworthy foundation for the broader decentralized ecosystem. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication.…
Share
BitcoinEthereumNews2025/09/18 03:22
South Korea’s first won-pegged stablecoin KRW1 launches on Avalanche

South Korea’s first won-pegged stablecoin KRW1 launches on Avalanche

The launch remains in a PoC stage and is not publicly circulated, as the regulations around stablecoins remain unclear in South Korea.
Share
Coinstats2025/09/18 12:25