Blockchain Registration Transaction Record

Crypto Oasis Thrives: UAE Blockchain Ecosystem Sees Exponential Growth with 2,040 Active Organizations in Q1 2024

Crypto Oasis presents update on UAE blockchain ecosystem at Dubai FinTech Summit 2024, revealing 13.3% increase in active companies and over 10,600 professionals. Major global names like Binance and OKX receive VASP licenses, driving industry growth.

The UAE's exponential growth in blockchain organizations and workforce highlights its position as a global leader in blockchain innovation. This news is important for investors, entrepreneurs, and professionals in the blockchain space, as it signifies the region's commitment to fostering a vibrant blockchain and Web3 environment. The surge in companies and talent underscores the UAE's dedication to innovation and technological convergence, attracting global thought leaders and investment.