In a move to enhance the blockchain and digital asset ecosystem, Walid Saeed Al Awadi, CEO of the Securities and Commodities Authority (SCA), and Abdullah Mohammed Al Dhaheri, CEO of the Abu Dhabi Blockchain Center, have signed a Memorandum of Understanding (MoU) aimed at enhancing cooperation in blockchain technology adoption, innovation empowerment, and talent development within the digital assets sector.
The partnership focuses on attracting and registering virtual asset service providers and cryptocurrency exchanges, while also supporting the advancement of digital token registration mechanisms and building a robust compliance infrastructure across the UAE.
This collaboration is another milestone in the UAE’s ongoing strategy to establish itself as a leading hub for blockchain innovation and digital asset excellence in the region and beyond.
Abdullah Mohammed Al Dhaheri, CEO of the Abu Dhabi Blockchain Center told UNLOCK Blockchain, “This MoU is a defining moment that highlights why the UAE is not just participating in the future of digital assets it’s leading it. By joining forces with the SCA, one of the world’s most forward thinking regulators, we’re creating a unified, secure, and innovation-friendly framework that global players can trust. While others debate, we execute building real infrastructure, attracting top-tier exchanges, and setting global standards in compliance, tokenization, and blockchain adoption.
The UAE isn’t following trends, it’s shaping them.”
