- More than 40 sponsors are supporting this event.
- CED2021: Crypto Expo Dubai will take place from 13 October to 14 October.
- The development of cryptocurrencies in the countries of the Middle East and Africa will be discussed.
More than 40 sponsors are supporting this event.
Dubai will host a grand event, which is being touted as the biggest crypto-event ever. Set to host over 3,000 delegates, CED2021: Crypto Expo Dubai will take place from October 13 to October 14, according to a press release. The purpose of the event is to discuss the development of cryptocurrencies in the countries of the Middle East and Africa. A recent research report by Chainalysys revealed that Africa’s cryptocurrency market grew by 1,200 percent between July 2020 and June 2021 – making it worth $105.6 billion (Rs 775 crore).
Turkey, Bahrain, and the United Arab Emirates also expanded their crypto-space in the Middle East. Calling Dubai “progressive” in terms of experimenting with cryptocurrencies, the Expo Organizing Committee said the event will add value to the crypto space, both regionally and globally.
CED2021: Crypto Expo Dubai will take place from 13 October to 14 October.
According to the official expo website, crypto and fintech players including ZebPay, CoinSwap, PallaPay, and CryptoBiz make up more than 40 sponsors who have invested in this mega event. In addition, over 40 industry experts in the cryptocurrency sector have been invited to participate in discussions, seminars, and QAschen-answer rounds about cryptocurrencies and blockchain technology.
Focus points of the event will include a discussion of Defi technology, the future of cryptocurrencies, and digital artworks – also known as non-fungible tokens or NFTs. Around 30 crypto companies participating in this expo will be using the platform at the Conrad Hotel in Dubai to make some announcements for the time to come. However, Dubai is not the only country that has started hosting such large-scale events involving cryptocurrencies.
The development of cryptocurrencies in the countries of the Middle East and Africa will be discussed.
But such events definitely show that the countries of the world have started looking at cryptocurrencies seriously and are moving towards making rules and regulations regarding their regulation and trade development.