There are new developments in the Middle East crypto market. Recently, at an industry hackathon event, a special roundtable was held to discuss what the UAE really means for Web3 startups.

Ella Zhang, Peter Abou Hachem, and Dhaheri, three industry professionals, had an in-depth discussion on stage—from the regulatory environment to capital flows, from localization challenges to ecosystem collaboration opportunities. They basically broke down the underlying logic of this market. The UAE has indeed been crypto-friendly in recent years, but how to turn policy dividends into real, on-the-ground results is the real tough nut that entrepreneurs need to crack.