Trump’s GENIUS Act Gained’t Knock UAE Off Crypto Throne

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Trump’s GENIUS Act Gained’t Knock UAE Off Crypto Throne



The US
handed its landmark GENIUS Act, bringing President Trump one step nearer
to his pledge of constructing the US the “crypto capital of the world.” Sadly for Trump, it doesn’t matter what his administration does, I’m
afraid these efforts shall be in useless. For me, the UAE will at all times be the true
homeland of crypto.The act,
which Trump signed in July, is simply extra crypto-positive laws from
the States and a important a part of his administration’s mission to push the US
up the DeFi podium.TRUMP: 🇺🇸 “The Golden Age of America is upon us, with at present’s signing.”President Trumps indicators the Genius Act signaling the primary of Stablecoin laws. pic.twitter.com/JD2TtV0p9b— CoinDesk (@CoinDesk) July 18, 2025Stablecoin Rules within the USIt lays out
a transparent regulatory framework for stablecoins within the US, additional establishing
them throughout the US’s regulated capital market, and holding stablecoin issuers –
like Circle and Tether, amongst others – to stronger anti-money laundering
compliance. In actual fact, the transfer has already bolstered shopper and firm
confidence in digital property and is even inspiring Wall Road giants to launch
their very own stablecoins. With the
world’s largest banks getting on board with cryptocurrencies
Cryptocurrencies

Through the use of cryptography, digital currencies, often called cryptocurrencies, are almost counterfeit-proof digital currencies which might be constructed on blockchain know-how. Comprised of decentralized networks, blockchain know-how is just not overseen by a government.Due to this fact, cryptocurrencies operate in a decentralized nature which theoretically makes them proof against authorities interference. The time period, cryptocurrency derives from the origin of the encryption strategies which might be employed to safe the netw

Through the use of cryptography, digital currencies, often called cryptocurrencies, are almost counterfeit-proof digital currencies which might be constructed on blockchain know-how. Comprised of decentralized networks, blockchain know-how is just not overseen by a government.Due to this fact, cryptocurrencies operate in a decentralized nature which theoretically makes them proof against authorities interference. The time period, cryptocurrency derives from the origin of the encryption strategies which might be employed to safe the netw
Learn this Time period, I can see why
Trump may assume his act provides the US an edge as the worldwide crypto superpower.
Sadly for him, this “big” leap for crypto is only one of many
small steps the UAE took years in the past. In actual fact, the
UAE has been actively encouraging crypto entrepreneurs to arrange store on its
shores for years. For a begin,
its forward-thinking authorities has established crystal-clear regulatory
frameworks for crypto, pioneering how governments ought to regulate crypto
globally.Dubai’s Digital Asset Regulatory Authority (VARA) is exploring methods to ease the regulatory price burden for smaller crypto corporations.Throughout Paris Blockchain Week, VARA CEO Matthew White mentioned potential options, together with a mannequin the place bigger entities help smaller ones.— Satoshi Membership (@esatoshiclub) April 11, 2024The Central Financial institution of the UAE (CBUAE) and Dubai’s Digital Belongings
Regulatory Authority (VARA) – the world’s first digital asset regulator –
present complete oversight and checks and balances on digital property,
selling transparency, shopper safety, and fostering innovation in DeFi. Within the UAE, crypto isn’t the Wild West – it’s an actual, respectable asset class.Dubai Units the StandardThe easy
reality is the UAE has been a lot faster out of the blocks on regulation, and it’s
reaping the rewards. VARA was established in 2022, and Abu Dhabi’s FSRA carried out its first crypto property regulatory framework in
2018 – that is a seven-year head begin on the US’s GENIUS Act. Does the present
US authorities actually count on to stage a crypto coup this late within the day? Furthermore,
the UAE imposes zero tax on crypto earnings or capital positive factors, making it
extremely exhausting to compete with – particularly for the upper tax jurisdictions
of the EU and US. Right here’s the underside line: the nation is permitting crypto
buyers and entrepreneurs to thrive, not simply survive. It actively encourages
crypto funding and buying and selling.UAE Introduces Retroactive VAT Exemptions for Crypto Transactions https://t.co/aaNPfOJFyO— Bitcoin.com Information (@BTCTN) October 7, 2024Going
additional nonetheless, the UAE has additionally absolutely built-in digital property into its
nationwide infrastructure. By 2026, we’ll see the UAE’s central financial institution digital
forex, the Digital Dirham, supported by all monetary establishments
registered within the UAE. And on a extra shopper notice, in Dubai, you’re even ready
to purchase a house utilizing bitcoin
Bitcoin

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is definite: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain know-how.In actual fact, we’ve gone a good distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official industrial transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is definite: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain know-how.In actual fact, we’ve gone a good distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official industrial transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that
Learn this Time period – supported by CBUAE and VARA. With these newest
improvements, the UAE goes past accepting crypto – and selling
funding exercise within the area – to creating it a pillar of their financial
panorama.A Vacation spot for Crypto IssuersLooking at
the entire image, it’s no marvel that the nation is the clear first-choice
vacation spot for crypto issuers and exchanges. And the place the massive crypto gamers
go, improvements observe. OKX, the world’s second-largest crypto alternate, has
launched regulated crypto derivatives for retail buyers within the area, and
past that, there are a staggering 500-plus crypto startups working there
domestically.These
organisations and their individuals have been lured to the UAE by its urge for food,
infrastructure, and proactive regulation – and who can blame them? In my
opinion, the US’s GENIUS Act merely does not provide any aggressive edge that
will usurp its throne…On the finish
of the day, the UAE has embraced digital property in a means that no different international
market has, making itself unchallengeable because the crypto motherland.Bitcoin Possession RateOf course,
I can not say I am shocked: they’ve the very best Bitcoin possession fee
globally at 27.2%, which is a staggering degree of urge for food. Contemplating all of the
components above, it is no marvel the crypto world has embraced the UAE in return. Finally,
the UAE is lightyears forward of different international locations in its strategy to DeFi in each
means. No regulatory shift in different markets goes to bridge the hole and
displace it because the world chief, and that features the US. The UAE will at all times
be the kingpin, and its crypto crown isn’t up for grabs.The US
handed its landmark GENIUS Act, bringing President Trump one step nearer
to his pledge of constructing the US the “crypto capital of the world.” Sadly for Trump, it doesn’t matter what his administration does, I’m
afraid these efforts shall be in useless. For me, the UAE will at all times be the true
homeland of crypto.The act,
which Trump signed in July, is simply extra crypto-positive laws from
the States and a important a part of his administration’s mission to push the US
up the DeFi podium.TRUMP: 🇺🇸 “The Golden Age of America is upon us, with at present’s signing.”President Trumps indicators the Genius Act signaling the primary of Stablecoin laws. pic.twitter.com/JD2TtV0p9b— CoinDesk (@CoinDesk) July 18, 2025Stablecoin Rules within the USIt lays out
a transparent regulatory framework for stablecoins within the US, additional establishing
them throughout the US’s regulated capital market, and holding stablecoin issuers –
like Circle and Tether, amongst others – to stronger anti-money laundering
compliance. In actual fact, the transfer has already bolstered shopper and firm
confidence in digital property and is even inspiring Wall Road giants to launch
their very own stablecoins. With the
world’s largest banks getting on board with cryptocurrencies
Cryptocurrencies

Through the use of cryptography, digital currencies, often called cryptocurrencies, are almost counterfeit-proof digital currencies which might be constructed on blockchain know-how. Comprised of decentralized networks, blockchain know-how is just not overseen by a government.Due to this fact, cryptocurrencies operate in a decentralized nature which theoretically makes them proof against authorities interference. The time period, cryptocurrency derives from the origin of the encryption strategies which might be employed to safe the netw

Through the use of cryptography, digital currencies, often called cryptocurrencies, are almost counterfeit-proof digital currencies which might be constructed on blockchain know-how. Comprised of decentralized networks, blockchain know-how is just not overseen by a government.Due to this fact, cryptocurrencies operate in a decentralized nature which theoretically makes them proof against authorities interference. The time period, cryptocurrency derives from the origin of the encryption strategies which might be employed to safe the netw
Learn this Time period, I can see why
Trump may assume his act provides the US an edge as the worldwide crypto superpower.
Sadly for him, this “big” leap for crypto is only one of many
small steps the UAE took years in the past. In actual fact, the
UAE has been actively encouraging crypto entrepreneurs to arrange store on its
shores for years. For a begin,
its forward-thinking authorities has established crystal-clear regulatory
frameworks for crypto, pioneering how governments ought to regulate crypto
globally.Dubai’s Digital Asset Regulatory Authority (VARA) is exploring methods to ease the regulatory price burden for smaller crypto corporations.Throughout Paris Blockchain Week, VARA CEO Matthew White mentioned potential options, together with a mannequin the place bigger entities help smaller ones.— Satoshi Membership (@esatoshiclub) April 11, 2024The Central Financial institution of the UAE (CBUAE) and Dubai’s Digital Belongings
Regulatory Authority (VARA) – the world’s first digital asset regulator –
present complete oversight and checks and balances on digital property,
selling transparency, shopper safety, and fostering innovation in DeFi. Within the UAE, crypto isn’t the Wild West – it’s an actual, respectable asset class.Dubai Units the StandardThe easy
reality is the UAE has been a lot faster out of the blocks on regulation, and it’s
reaping the rewards. VARA was established in 2022, and Abu Dhabi’s FSRA carried out its first crypto property regulatory framework in
2018 – that is a seven-year head begin on the US’s GENIUS Act. Does the present
US authorities actually count on to stage a crypto coup this late within the day? Furthermore,
the UAE imposes zero tax on crypto earnings or capital positive factors, making it
extremely exhausting to compete with – particularly for the upper tax jurisdictions
of the EU and US. Right here’s the underside line: the nation is permitting crypto
buyers and entrepreneurs to thrive, not simply survive. It actively encourages
crypto funding and buying and selling.UAE Introduces Retroactive VAT Exemptions for Crypto Transactions https://t.co/aaNPfOJFyO— Bitcoin.com Information (@BTCTN) October 7, 2024Going
additional nonetheless, the UAE has additionally absolutely built-in digital property into its
nationwide infrastructure. By 2026, we’ll see the UAE’s central financial institution digital
forex, the Digital Dirham, supported by all monetary establishments
registered within the UAE. And on a extra shopper notice, in Dubai, you’re even ready
to purchase a house utilizing bitcoin
Bitcoin

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is definite: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain know-how.In actual fact, we’ve gone a good distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official industrial transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that

Whereas some should be questioning what’s Bitcoin, who created Bitcoin, or how does Bitcoin work, one factor is definite: Bitcoin has modified the world.Nobody can stay detached to this revolutionary, decentralized, digital asset nor to its blockchain know-how.In actual fact, we’ve gone a good distance ever since a Florida resident Laszlo Hanyecz made BTC’s first official industrial transaction with an actual firm by buying and selling 10,000 Bitcoins for two pizzas at his native Papa John’s.One might now argue that
Learn this Time period – supported by CBUAE and VARA. With these newest
improvements, the UAE goes past accepting crypto – and selling
funding exercise within the area – to creating it a pillar of their financial
panorama.A Vacation spot for Crypto IssuersLooking at
the entire image, it’s no marvel that the nation is the clear first-choice
vacation spot for crypto issuers and exchanges. And the place the massive crypto gamers
go, improvements observe. OKX, the world’s second-largest crypto alternate, has
launched regulated crypto derivatives for retail buyers within the area, and
past that, there are a staggering 500-plus crypto startups working there
domestically.These
organisations and their individuals have been lured to the UAE by its urge for food,
infrastructure, and proactive regulation – and who can blame them? In my
opinion, the US’s GENIUS Act merely does not provide any aggressive edge that
will usurp its throne…On the finish
of the day, the UAE has embraced digital property in a means that no different international
market has, making itself unchallengeable because the crypto motherland.Bitcoin Possession RateOf course,
I can not say I am shocked: they’ve the very best Bitcoin possession fee
globally at 27.2%, which is a staggering degree of urge for food. Contemplating all of the
components above, it is no marvel the crypto world has embraced the UAE in return. Finally,
the UAE is lightyears forward of different international locations in its strategy to DeFi in each
means. No regulatory shift in different markets goes to bridge the hole and
displace it because the world chief, and that features the US. The UAE will at all times
be the kingpin, and its crypto crown isn’t up for grabs.