UAE Joins Global Crackdown on Crypto Crime Amid Broader Digital Asset Push
The UAE Ministry of Interior participated in Singapore's International cryptocurrency Security Action Week, aligning with INTERPOL, UN agencies, and tech firms to combat cross-border crypto fraud and money laundering. The workshop focused on dark web investigations and public-private data sharing with blockchain analytics firms.
Meanwhile, the Emirates advances its dual-track digital asset strategy. A central bank digital currency (CBDC) launch is slated for late 2025, targeting both wholesale and retail use cases. Dubai accelerates its $16 billion real estate tokenization initiative as major airlines prepare to accept cryptocurrency payments.