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UAE boosts efforts to tackle cryptocurrency crime worldwide
GameFi Guides

UAE boosts efforts to tackle cryptocurrency crime worldwide

by admin September 15, 2025



The UAE Ministry of Interior (MOI) participated in the International Cryptocurrency Security Action Week workshop in Singapore.

Summary

  • UAE joins global law enforcement in Singapore to fight crypto fraud and laundering
  • Digital Dirham CBDC launch set for late 2025 with wholesale and retail use cases
  • Dubai pushes $16b real estate tokenization, Emirates to accept crypto payments

The UAE joined global law enforcement agencies to address cryptocurrency-related crime challenges. The event was organized by the Secure Communities Forum with Mastercard.

Enhanced international cooperation on crypto crimes

The workshop brought together hundreds of experts from law enforcement and security professionals to share advanced methods for tracking cryptocurrency fraud and combating money laundering.

Participants included representatives from the United Nations Office on Drugs and Crime, INTERPOL, the US Internal Revenue Service, the Royal Malaysian Police, and leading technology companies worldwide.

Sessions provided practical training on investigating dark web activities and connecting law enforcement agencies with cryptocurrency exchanges and analytics firms.

This public-private cooperation model aims to create more effective responses to changing crypto crime patterns across three focus areas.

These include investigating cryptocurrency crimes using advanced tracking methods, strengthening cooperation between agencies and exchanges, and providing insights on digital assets and emerging risks.

The UAE’s recent moves have positioned it as a crypto-friendly jurisdiction through clear regulatory frameworks established by VARA and proactive law enforcement engagement with international partners.

Crypto integration accelerates across UAE

The UAE is accelerating crypto adoption across multiple sectors.

The Central Bank of the UAE plans to launch the Digital Dirham between October and December 2025, following comprehensive technical documentation released in July. The CBDC will be available in both wholesale and retail formats and will have full legal tender status.

Dubai is leading government-backed real estate tokenization through the Prypco Mint platform, developed in partnership with VARA and the UAE Central Bank. Built on the XRP Ledger, the platform allows fractional ownership starting at AED 2,000 and aims to tokenize up to $16 billion worth of Dubai real estate by 2033. The first tokenized property sale attracted 224 investors, 70% of whom were entering Dubai’s real estate market for the first time.

Emirates Airlines will begin accepting cryptocurrency payments through its partnership with Crypto.com in 2026, allowing passengers to pay for flights using Bitcoin, Ethereum, and stablecoins.



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September 15, 2025 0 comments
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Bitcoin
Crypto Trends

Bitcoin To Hit $1 Million? Eric Trump Shares Optimistic Outlook On Cryptocurrency

by admin August 30, 2025


Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

At the Bitcoin Asia conference in Hong Kong, Eric Trump, the son of President Donald Trump, predicted that the market’s leading cryptocurrency, Bitcoin (BTC) could soar to $1 million within the next few years, which could represent a major 825% increase from current levels. 

Eric Trump Bullish On Bitcoin

As reported by Reuters earlier on Friday, during a panel discussion, Eric Trump emphasized China’s significant influence in the cryptocurrency sector, referring to the country as “a hell of a power” in driving crypto innovation.

Nevertheless, China still seems far from the US’s role in adopting cryptocurrencies, as the Asian country continues to face significant restrictions on operating digital assets. 

Despite these restrictions by regulators since 2021, Mainland China is reportedly exploring yuan-backed stablecoins to enhance its global usage. Meanwhile, Hong Kong has taken steps to establish itself as a digital asset hub, passing a stablecoin bill in May.

On the other hand, under President Trump’s leadership, the United States has proposed establishing a Bitcoin reserve and passing three key crypto bills, including the GENIUS Act, which could accelerate the use of dollar-pegged cryptocurrencies in everyday transactions.

This has significantly contributed to the broader market’s price surge with Bitcoin reaching a new record of $124,000 on August 14, and Ethereum (ETH) also reaching an all-time high (ATH) just below the $5,000 mark last weekend. 

Despite the cryptocurrency’s recent dip toward $108,000, Eric Trump confidently stated, “There’s no question Bitcoin hits $1 million,” citing strong institutional demand and the cryptocurrency’s limited supply as key factors supporting his optimism.

Crypto Talks Between Trump And Xi Jinping?

When asked if President Donald Trump and Chinese President Xi Jinping might soon discuss cryptocurrencies, Eric Trump suggested that both nations likely possess a deeper understanding of digital currencies than most other countries. 

He highlighted the support the Bitcoin community has shown for his father, expressing hope that such backing would yield significant returns for both the community and the Trump family.

In recent months, the Trump family has ventured into various cryptocurrency initiatives, including the launch of a decentralized finance (DeFi) platform, a stablecoin, a Bitcoin mining operation, and the applications of crypto-focused exchange-traded funds (ETFs). 

Notably, American Bitcoin, a new crypto miner founded in collaboration with Hut 8 and backed by Eric Trump and his brother, Donald Trump Jr., is preparing for a Nasdaq listing next month.

Reuters also reported that during the same conference, crypto exchange Binance founder and former CEO Changpeng Zhao (CZ) remarked that the US is setting a precedent for progressive regulations that could prompt other governments to take similar actions. 

The 1D chart shows BTC’s price correction. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.



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August 30, 2025 0 comments
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