Ripple Backs Dubai’s Crypto Strategy at Global Fintech Summit

19 May, 2025

Ripple reaffirmed its commitment to the global cryptocurrency ecosystem during the Dubai Fintech Summit, where Ripple President Monica Long held discussions with Sheikh Ahmed bin Saeed Al Maktoum. The engagement highlighted Ripple’s strategic interest in Dubai’s evolving role as a major hub for digital assets and financial innovation.

Monica Long praised Dubai’s progressive leadership in the digital economy, stating that Ripple continues to be impressed with how the city is positioning itself among the world’s top centers for blockchain and cryptocurrency development. Her remarks underscored Ripple’s acknowledgment of Dubai’s regulatory clarity and forward-thinking approach, which align closely with the company’s global vision for blockchain adoption and financial inclusion.

Sheikh Ahmed, who plays a pivotal role in shaping Dubai’s economic landscape, has been instrumental in advancing the emirate’s digital finance infrastructure. His meeting with Ripple’s leadership further emphasizes the city’s intent to collaborate with leading global fintech firms to foster innovation in the digital asset space.

Ripple’s presence at the Dubai Fintech Summit and its high-level interactions with key figures reflect its strategic focus on markets that embrace clear regulations and support blockchain innovation. As Dubai strengthens its status as a global crypto and fintech hub, Ripple aims to contribute to the region’s growth while expanding its global footprint.

Ripple used the conference as an opportunity to demonstrate how its goals and regulatory approach align with Dubai's, reaffirming its position as a major force in determining the direction of the cryptocurrency industry. With increasing regulatory uncertainty in several other regions, Ripple’s focus on Dubai highlights the city’s appeal as a reliable and innovation-driven jurisdiction for digital finance companies. The meeting between Monica Long and Sheikh Ahmed symbolizes a deepening relationship that could pave the way for future blockchain partnerships in the Middle East.

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