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Abu Dhabi Emerges as a Crypto Hub for Institutional Investors in the UAE

June 27 (Cointime) - Abu Dhabi and Dubai in the United Arab Emirates (UAE) have similar scores for crypto regulatory structure and adoption, but Abu Dhabi's adoption score is in the bottom quintile. However, Abu Dhabi's regulatory structure is top tier and the city is more focused on institutional finance, making it a good place for those looking to bridge the gap between institutions and crypto.

Abu Dhabi Global Markets (ADGM), an offshore economic free zone, fosters open dialogue between fintech/crypto industries and authorities, and has substantial investment, making it a hotspot for entrepreneurs seeking to raise capital in the region.

Despite the effects of the crypto winter, new entrants like 3iQ are finding community alongside familiar brands in Abu Dhabi, and the city is expected to experience explosive growth in the next five years.

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