Haciyev Reşit 
The Bitcoin MENA Conference, which kicked off today in Abu Dhabi, the capital of the United Arab Emirates, brought together some of the most influential figures in the crypto ecosystem. One of the opening speeches created a significant stir. Mohammed Al Shamsi, Chairman of the UAE National Security Authority, emphasized in his remarks that Bitcoin has now become an important component of the global financial system.
“Bitcoin is no longer just a digital asset”
Drawing attention to Bitcoin’s transformation, Al Shamsi noted that the approval of Bitcoin spot ETFs by the United States in 2024 fundamentally changed global perception. According to him, this turning point led to Bitcoin being viewed not merely as a cryptocurrency but as a rising building block of financial infrastructure across the West, Asia, and the Middle East.
Al Shamsi stated:
“The global economy is changing very rapidly. Bitcoin is part of this transformation… Bitcoin is no longer just a digital asset; it is a fundamental building block shaping the future of global finance.”
“Mining is now a modern industry”
The UAE security chief also addressed Bitcoin mining, touching on several key points. He stressed that traditional mining practices are now largely obsolete and summarized the technological requirements of the new era as follows:
“Modern mining is not just about machines running 24/7; it is an advanced industry based on energy efficiency, computational precision, and scalable capacity.”
These remarks have been interpreted as a sign of the UAE’s support for the rapidly growing Bitcoin mining ecosystem in the region.
UAE’s goal: Leadership in the global Bitcoin economy
In his speech, Al Shamsi emphasized that the United Arab Emirates aims to become a leading country not only in regulatory matters, but across all aspects of the broader Bitcoin economy. According to him, the UAE’s strategy goes beyond simply opening its doors to crypto exchanges; it encompasses mining, energy infrastructure, regulation, and institutional investment frameworks.
Considering the country’s recent regulatory initiatives, special economic zones, mining investments, and technology-focused financial programs, it is clear that this goal has now been adopted at a national policy level and is supported by long-term planning.
Major industry figures attend the conference
The two-day Bitcoin MENA Conference in Abu Dhabi is hosting global leaders from the sector. Among the prominent attendees are:
- Michael Saylor – Founder of Strategy and one of Bitcoin’s largest institutional advocates
- Changpeng Zhao (CZ) – Co-founder of Binance
- Simon Gerovich – CEO of Metaplanet
Throughout the event, key topics such as Bitcoin’s macroeconomic role, energy usage, regulatory outlook, and institutional adoption are expected to be discussed.
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