UAE Crypto Sector Expected to Become Second-Largest Industry by 2028

The United Arab Emirates (UAE) is on track to see its cryptocurrency sector flourish, potentially becoming the second largest industry within the next five years. This optimistic prediction comes from Chase Ergen, a board member of DeFi Technologies, an investment firm focused on digital assets. Ergen highlights the UAE’s strong regulatory environment and business-friendly policies as key drivers for this growth trajectory.