Bu makaleyi paylaş
US Commerce Department Backs Blockchain Trade Mission to UAE
Representatives from the blockchain industry are in the United Arab Emirates this week on a trade mission backed by the U.S. Department of Commerce.
Yazan Stan Higgins
Representatives from the blockchain industry are in the United Arab Emirates (UAE) this week on a trade mission backed by the U.S. Department of Commerce.
Organised by the Washington, D.C.-based trade group, the Chamber of Digital Commerce, the trip includes executives from a number of firms – including Bloq, Cisco, CMT Digital, Cognizant, Gem, Hogan Lovells and Netki – the organization said today. The effort will include meetings with public- and private-sector officials, taking place from October 1–5.
STORY CONTINUES BELOW
Başka bir hikayeyi kaçırmayın.Bugün Crypto Daybook Americas Bültenine abone olun. Tüm bültenleri gör
The mission signals the growing profile of the technology in the region, with Dubai among the emirates having taken what is perhaps the most proactive stance to date. Dubai's leadership has charted a progressive course on public-sector applications in the past two years, investing in startups and looking to companies like IBM as it pursues use cases in areas like identity, among others.
Barbara Leaf, the U.S. ambassador to the UAE, said in a statement:
"Leading U.S. financial technology providers are here to share the latest in blockchain technology developments with UAE banks, investment firms, and government agencies to ensure the integrity of financial transactions. U.S. financial technology firms are uniquely poised to assist Dubai's vision of becoming one of the world's first governments to use this technology."
According to the chamber, the trade mission will advance the role of U.S. companies in Dubai's ongoing blockchain efforts, including its city-wide governance initiatives.
Disclosure: CoinDesk is a subsidiary of Digital Currency Group, which has ownership stakes in Bloq, Gem and Netki.
Dubai image via Shutterstock
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Barclays Sees ‘Down-Year’ for Crypto in 2026 Without Big Catalysts
Spot trading volumes are cooling, and investor enthusiasm is fading amid a lack of structural growth drivers, analysts wrote in a new report.
What to know:
- Barclays forecasts lower crypto trading volumes in 2026, with no clear catalysts to revive market activity.
- Spot market slowdowns pose revenue challenges for retail-focused platforms like Coinbase and Robinhood, the bank said.
- Regulatory clarity, including pending market structure legislation, could shape long-term market growth despite near-term headwinds.
Top Stories
