UAE Embraces Crypto as an Economic Solution, Is The Future Already Here?

As UAE moves forward with investing in Web3 assets of all kinds, here comes the Investopia Summit 2022 to set plans for the future. The World Government Summit Foundation (WGS Foundation) announced three strategic partnerships to host new initiatives and forums, which includes the first Investopia investment summit, during WGS2022 which will be held at Expo 2020 Dubai between March 29 and 30.

The official Twitter page of the World Government Summit announced a chain of tweets about this event.

In this event investors, policymakers, leading thinkers, stakeholders, and entrepreneurs from around the world will be discussing new economic plans in 20 sessions at the first edition of the summit, which will be held on March 28 in Dubai.

On this occasion, Abdulla Bin Touq Al Marri, the UAE Minister of Economy, said:

The world is currently witnessing unprecedented challenges playing a greater role than ever in directing the global economy, leaving its impact on trade and investments. This is going to be a major discussion during the Summit, with over 20-panel discussions and workshops.

“Investopia Summit will also shed light on the quick developments in the world regarding the cryptocurrency market, which encouraged banks to invest in the next generation of financial technology, Investing in space will be among the main topics on the summit’s agenda, in addition to the space tourism, and the future of technologies regarding that,” he added.

He also assured that the metaverse and its impact on the future of business is another topic that will be discussed during the summit. Taking this into consideration, UAE seems to have big plans for Web3 assets in every form of it.

The summit is basically a place to discuss future plans for economics, agriculture, and technologies. It aims for better use of resources by the year 2025.