Eric Trump to speak at Bitcoin conference in Abu Dhabi

file-ANGELA WEISS/AFP

The Bitcoin MENA Conference in Abu Dhabi was inaugurated on Monday, attracting global speakers, including the US President-elect's son, Eric Trump.

The event marks the first time the conference has been held in the Middle East, highlighting the region’s growing role in the global digital currency ecosystem.

Featuring participation from 55 countries, the conference includes 120 distinguished speakers who will share their insights into Bitcoin and digital currency trends.

The US President-elect's son, Eric Trump, is expected to discuss Bitcoin’s role in shaping the global economy on Tuesday.

Prince Philip of Serbia will also share insights into blockchain technologies and their potential for driving global innovation.

The founder of Giggle Academy, Changpeng Zhao, will speak about blockchain’s applications in education, and David Bailey, CEO of BTC Inc., will provide a forward-looking perspective on Bitcoin’s evolution.

In his address, the Minister of Tolerance and Coexistence, H.E. Sheikh Nahyan bin Mubarak, stated, “The Bitcoin MENA Conference reaffirms the UAE’s commitment to positioning Abu Dhabi as a global hub for innovation and technology. Organising such an event reflects Abu Dhabi’s dedication to hosting initiatives that drive technological and economic progress, in line with our vision of fostering a knowledge-based, sustainable global community.”

He further emphasised the significance of digital currencies in shaping the global economy, noting that these technologies are not just means of exchange, but also comprehensive systems built on blockchain technology, promoting transparency and efficiency.

“As digital currencies continue to gain global traction, they have become key symbols of economic digital transformation, driving innovation and financial inclusion. Events like this conference provide vital platforms for collaboration and knowledge exchange, paving the way for economic growth and technological advancement,” he added.

Abdullah Al Dhaheri, CEO of the Abu Dhabi Blockchain Center, underscored the transformative journey of Bitcoin since its inception in 2008, noting its evolution from a niche concept to a global financial revolution. He stated, “Bitcoin is no longer just a digital currency; it symbolises transparency, autonomy, and a redefined global financial framework. This conference provides a valuable platform to explore Bitcoin’s potential to shape the future of finance, foster innovation, and build partnerships that support emerging economies and financial inclusion.”

More from Business

  • Aviation sector contributes $4.1 trillion to global economy

    The UAE's Minister of Economy and Chairman of the General Civil Aviation Authority (GCAA), on Monday emphasised the aviation sector's critical role in the global economy, noting that it accounts for 12 to 13 per cent of GDP in some countries and supports millions of jobs worldwide.

  • Paris AI summit draws world leaders

    World leaders and technology executives are convening in Paris on Monday to discuss how to safely embrace artificial intelligence at a time of mounting resistance to red tape that businesses say stifles innovation.

  • 16% growth in new economic licences in Abu Dhabi during 2024

    The Abu Dhabi Registration and Licensing Authority (ADRA), which develops and regulates the business sector, on Monday revealed significant growth in business licences and compliance indicators in the Emirate's mainland and non-financial economic free zones during 2024.

  • DEWA updates billing on water consumption

    Dubai Electricity and Water Authority (DEWA) has announced that it will adopt the cubic metre as the standard unit for measuring water consumption starting from the March 2025 billing cycle.

  • UAE, Japan to complete CEPA by end of year

    The UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, has said negotiations for the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Japan will be completed before the end of 2025.