The post UAE Official Hails Bitcoin As ‘Key Pillar In Future Finance’ appeared on BitcoinEthereumNews.com. At the ongoing Bitcoin MENA conference, UAE officials highlighted the nation’s strategic embrace of Bitcoin as a core component of the future financial system.  In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, framed the current era as a “historical phase” for the global economy, noting the rapid changes reshaping finance worldwide. Bitcoin is no longer merely a “digital asset,” Shamsi emphasized, but is now recognized as a “key pillar” in modern financing. Central to this evolution is the role of mining, described as the “beating heart” that underpins network strength, security, and continuity.  Mining operations today are far beyond 24-hour device management; they represent a fully integrated industry built on energy efficiency, computational accuracy, and scalable infrastructure. The UAE’s focus on Bitcoin reflects broader ambitions to establish itself as a hub for digital finance. Shamsi underscored the importance of building a sustainable ecosystem that supports large-scale mining operations while maintaining environmental responsibility.  Efficiency, precision, and the capacity for expansion were cited as essential for this next-generation mining infrastructure. UAE is buying millions in bitcoin   Recently, The Abu Dhabi Investment Council (ADIC) increased its Bitcoin exposure in Q3 2025, more than tripling its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares, valued at $518 million.  The move came just before Bitcoin hit a record high and then dropped below $92,000, reflecting ADIC’s long-term view of Bitcoin as a digital counterpart to gold within its diversification strategy.  Part of Mubadala, ADIC operates with its own mandate and recently strengthened leadership. The purchases highlight Abu Dhabi’s ambition to position itself as a global crypto hub and treat Bitcoin as a strategic, long-term asset. Industry leaders at the Bitcoin MENA 2025 conference in Abu Dhabi highlighted the UAE’s potential to become the “Wall Street of cryptocurrencies”… The post UAE Official Hails Bitcoin As ‘Key Pillar In Future Finance’ appeared on BitcoinEthereumNews.com. At the ongoing Bitcoin MENA conference, UAE officials highlighted the nation’s strategic embrace of Bitcoin as a core component of the future financial system.  In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, framed the current era as a “historical phase” for the global economy, noting the rapid changes reshaping finance worldwide. Bitcoin is no longer merely a “digital asset,” Shamsi emphasized, but is now recognized as a “key pillar” in modern financing. Central to this evolution is the role of mining, described as the “beating heart” that underpins network strength, security, and continuity.  Mining operations today are far beyond 24-hour device management; they represent a fully integrated industry built on energy efficiency, computational accuracy, and scalable infrastructure. The UAE’s focus on Bitcoin reflects broader ambitions to establish itself as a hub for digital finance. Shamsi underscored the importance of building a sustainable ecosystem that supports large-scale mining operations while maintaining environmental responsibility.  Efficiency, precision, and the capacity for expansion were cited as essential for this next-generation mining infrastructure. UAE is buying millions in bitcoin   Recently, The Abu Dhabi Investment Council (ADIC) increased its Bitcoin exposure in Q3 2025, more than tripling its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares, valued at $518 million.  The move came just before Bitcoin hit a record high and then dropped below $92,000, reflecting ADIC’s long-term view of Bitcoin as a digital counterpart to gold within its diversification strategy.  Part of Mubadala, ADIC operates with its own mandate and recently strengthened leadership. The purchases highlight Abu Dhabi’s ambition to position itself as a global crypto hub and treat Bitcoin as a strategic, long-term asset. Industry leaders at the Bitcoin MENA 2025 conference in Abu Dhabi highlighted the UAE’s potential to become the “Wall Street of cryptocurrencies”…

UAE Official Hails Bitcoin As ‘Key Pillar In Future Finance’

2025/12/09 02:03

At the ongoing Bitcoin MENA conference, UAE officials highlighted the nation’s strategic embrace of Bitcoin as a core component of the future financial system. 

In a speech at Bitcoin MENA, Mohammed Al Shamsi, representing UAE National Security, framed the current era as a “historical phase” for the global economy, noting the rapid changes reshaping finance worldwide.

Bitcoin is no longer merely a “digital asset,” Shamsi emphasized, but is now recognized as a “key pillar” in modern financing. Central to this evolution is the role of mining, described as the “beating heart” that underpins network strength, security, and continuity. 

Mining operations today are far beyond 24-hour device management; they represent a fully integrated industry built on energy efficiency, computational accuracy, and scalable infrastructure.

The UAE’s focus on Bitcoin reflects broader ambitions to establish itself as a hub for digital finance. Shamsi underscored the importance of building a sustainable ecosystem that supports large-scale mining operations while maintaining environmental responsibility. 

Efficiency, precision, and the capacity for expansion were cited as essential for this next-generation mining infrastructure.

UAE is buying millions in bitcoin  

Recently, The Abu Dhabi Investment Council (ADIC) increased its Bitcoin exposure in Q3 2025, more than tripling its stake in BlackRock’s iShares Bitcoin Trust to nearly 8 million shares, valued at $518 million. 

The move came just before Bitcoin hit a record high and then dropped below $92,000, reflecting ADIC’s long-term view of Bitcoin as a digital counterpart to gold within its diversification strategy. 

Part of Mubadala, ADIC operates with its own mandate and recently strengthened leadership. The purchases highlight Abu Dhabi’s ambition to position itself as a global crypto hub and treat Bitcoin as a strategic, long-term asset.

Industry leaders at the Bitcoin MENA 2025 conference in Abu Dhabi highlighted the UAE’s potential to become the “Wall Street of cryptocurrencies” due to its business-friendly regulations and growing crypto ecosystem. 

Executives noted that attracting top talent, Bitcoin whales, and capital inflows would create a liquid and influential market. 

You can listen to all interviews and other BTC Conference content on Bitcoin Magazine’s social media and YouTube.

On Tuesday, December 9, from 11:00 to 11:30 a.m. local time, a panel at the Proof of Work stage will explore “Bitcoin Mining as a Grid Stabilizer in Emerging Markets,” featuring Daniel Batten (CH4 Capital) as the moderator, Mohammed Alshiekh (CTO, DEMA Energy), Erik Hersman (CEO, Gridless), and Luca Infeld (Founder, Munich International Mining).

Source: https://bitcoinmagazine.com/news/uaes-hails-btc-as-a-key-future-finance

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 service@support.mexc.com 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

XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70

XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70

The post XRP Price Prediction: Target $2.29 Resistance Break Within 7 Days for Move to $2.70 appeared on BitcoinEthereumNews.com. Rongchai Wang Dec 09, 2025 11:04 XRP price prediction shows bullish momentum building at $2.06 current level. Ripple forecast targets $2.29 resistance break within one week for continuation to $2.70 upside target. XRP Price Prediction Summary • XRP short-term target (1 week): $2.29 (+11.2%) – breaking immediate resistance • Ripple medium-term forecast (1 month): $2.45-$2.70 range if bullish momentum sustains • Key level to break for bullish continuation: $2.29 (immediate resistance) • Critical support if bearish: $1.82 (strong support coinciding with immediate support) Recent Ripple Price Predictions from Analysts While no significant XRP price predictions emerged from major analysts in the past three days, the technical setup suggests market participants are positioning for a directional move. The absence of fresh analyst commentary often indicates a consolidation phase before breakout attempts, which aligns with current Ripple technical analysis showing neutral RSI conditions at 43.08. The lack of recent predictions creates an opportunity for contrarian positioning, as markets often move when consensus is absent. Current technical indicators suggest building momentum that could surprise both bulls and bears. XRP Technical Analysis: Setting Up for Breakout Attempt Ripple technical analysis reveals a compelling setup for an upward move. The MACD histogram showing 0.0023 positive reading indicates bullish momentum is building, even though the main MACD line remains negative at -0.0589. This divergence often precedes trend reversals. The current price of $2.06 sits strategically above the pivot point at $2.07, with XRP trading in the lower third of its Bollinger Bands at 0.3737 position. This positioning typically offers favorable risk-reward for long positions, as the distance to the upper band at $2.28 provides clear upside targets. Volume analysis shows healthy participation at $160.9 million on Binance, supporting the validity of current price action. The Average True Range…
Share
BitcoinEthereumNews2025/12/09 20:58