Bitcoin MENA 2024: Eric Trump to Keynote in Abu Dhabi

eadlined by Eric Trump, one of the largest Blockchain events of the year, the Bitcoin MENA Conference will take place in Abu Dhabi on December 9-10, 2024. More than 6,000 guests are expected to join the conference, underlining the growing importance of the Middle East for the global crypto landscape.

Among those expected to speak is Steve Witkoff, the centrepiece of the Trump family's crypto plans. Witkoff served in the White House as the liaison to the Middle East but previously was one of the founding partners at World Liberty Financial, the cryptocurrency platform Donald Trump and his family launched in September 2024.

Market Themes and Economic Context

Since Donald Trump won the US presidential elections, Bitcoin prices have skyrocketed and crypto markets experienced exponential growth due to a friendlier environment toward cryptocurrencies. At the conference, Marshall Beard, Gemini's COO, also said something similar: "That Bitcoin's growth was representative of wider acceptance of cryptocurrencies into the fabric of global finance".

The Gulf is the new centre for digital assets, and countries like the UAE are at the forefront of promoting the use of blockchain technology and crypto. The Bitcoin MENA Conference is a leading hub for Bitcoin networking, containing special sessions where big players and executives meet and discuss.

Crypto Industry Consequences

This already feels like a success for Trump and the Trumps with Eric Trump set to give a keynote address as the cryptocurrency market and the Trump family find ways to profit off of one another.

His presence lends a certain indeterminable credence to the whole event and serves only to show further how seriously this administration takes global crypto adoption. The conference introduces topics focused on the economic policy theme, aside from the regulatory landscape for the gulf in the case of cryptocurrencies.

This event has come at a moment in the cryptocurrency world when wider economic policies are looking for innovation. The conference might well open floodgates of investments and development in more digital assets under the Trump family's administration, which eventually will push cryptocurrencies more integrally into the financial system of the Gulf states.