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Crypto industry descends on Dubai as Trump euphoria recedes - REUTERS

MAY 01, 2025

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Summary

  • Crypto enthusiasts gather for Dubai event
  • Attendees have mixed feelings about Trump's impact on sector
  • UAE keeps growing as crypto hub

DUBAI, May 1 (Reuters) - Crypto enthusiasts descended on Dubai on Wednesday, gathering under the Gulf's scorching sun and hoping the industry's buoyant mood can keep going despite signs the euphoria around Donald Trump's crypto stance is ebbing.

Speakers at the two-day event in the desert city include chief executives at some of the world's major crypto firms, the head of digital assets at BlackRock (BLK.N), opens new tab and Goldman Sachs (GS.N), as well as the U.S. president's son, Eric Trump, who is set to take the stage on Thursday.

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