Foresight News
Foresight News|12月 03, 2025 06:31
[UAE Minister of State: Governments Should Focus on the Long-Term Value of Blockchain Technology Rather Than Price Volatility, and Build the Future of Finance with an Open Attitude] Foresight News on-site report: H.E. Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, stated at the Binance Blockchain Week event that governments should not focus on the price fluctuations of crypto assets but rather on the long-term value of the underlying technology. He emphasized that the UAE has always adhered to an open attitude in building the future of financial and technological infrastructure, rather than clinging to existing systems. He noted that since the UAE established the first blockchain council in 2015, it has been a global pioneer in clearly defining its blockchain strategy, with policies that have remained consistent and stable over the years, regardless of market cycles. He stressed that the UAE's commitment to technologies such as blockchain, cryptocurrency, artificial intelligence, and nuclear energy has never wavered and will continue in this direction in the future. He believes that what truly matters is the practical value these technologies bring to people. He hopes that blockchain and crypto technologies will lead to more seamless, smooth, and life-enhancing applications in the UAE and expects the UAE to maintain its leading position in this field.
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