Dubai and its sibling hub Abu Dhabi were rated tops in the regulatory structure, the most heavily weighted criterion at 35% of the total score. But the impact was blunted by the UAE’s bottom-quintile crypto adoption score, indicating that the larger population of the UAE is not as crypto-savvy as the residents in these two hubs. Despite the low overall drivers category score, Dubai cemented its place in the top five with high scores in opportunities category, which measured per-capita crypto events, companies and jobs. The emirate also achieved the second-highest quality of life score in our entire sample. Part of the enablers category, quality of life was the second-heaviest weighted criterion, at 15% of the total score.
Launching a Crypto Regulatory Arm to Challenge the Global Financial Hubs
