Catch Cassiopeia’s CEO Stefania Barbaglio at the Future Blockchain Summit in Dubai
Dubai has excelled as a crypto innovation centre, thanks to strategic policies, and a supportive business and regulatory environment. It has been implementing various initiatives to accelerate the country’s digital transformation. Its first ICT strategy was announced in 1999, followed by the launch of Dubai Internet City, Dubai Government, Dubai Smart Government, and the Smart Dubai Office in 2015. Through the establishment of these, Dubai has become the world’s first government to turn paperless and is widely considered one of the smartest cities in the world. After realising the potential of blockchain technology for businesses and city services, Dubai launched a citywide Blockchain strategy in 2016, aiming to be the first city powered by Blockchain technology. This strategy aims to create 40,000 jobs.
Dubai has ambitions to become a hub for financial services including digital assets with regulatory frameworks that continue to attract multiple various firms into the country; these include Binance, Numara and Bybit to name a few. The UAE has progressively and proactively sought to position itself as a regional hub for technology and is putting in place the necessary measures with the objective of becoming a pioneer for blockchain innovation.
The country is host to several cryptocurrency exchange and trading platforms and has also issued regulations governing them and established authorities such as the Virtual Assets Regulatory Authority (VARA) and the Abu Dhabi Global Market (ADGM), specifically designed to monitor and supervise dealings concerning virtual assets (including crypto currencies), in Dubai.
Dubai also launched the Dubai International Finance Centre Authority (DIFC), a financial “free zone”, in 2004, that has over 550 regulated financial institutions, 4,200 companies with over 36,000 employees in legal and professional services and is the largest fintech ecosystem in the Middle East and South Asia. The DIFC has contributed 6% to the country’s GDP. Additionally there was also a Digital Assets Oasis that was created with the aim of being the first and only free zone in the world exclusively designated for digital and virtual asset companies. According to a report that was issued by the Dubai Chamber of Digital Economy in February 2023, the establishment of the RAK Digital Assets Oasis is said to significantly contribute to the growth of the national digital economy growing it to more than US$140bn in 2031, up from nearly US$38bn currently.
Our very own Stefania Barbaglio can relate to the ambitions of the UAE to be a centre of innovation for crypto and Web 3; the passion and curiosity to find out more led to her expanding beyond traditional finance where she delved into blockchain, fintech and digital assets in early 2000s and since then has successfully driven disruptive and high-impact projects that redefined industries. As a well-respected and sought-after advisor, Stefania has led pioneering blockchain initiatives and provided strategic guidance to both private and listed companies across diverse sectors. Stefania’s recent investments and contributions span gaming infrastructure, AI and blockchain, and community-focused NFT projects.
Stefania is a dynamic businesswoman at the intersection of finance and technology. Steffy as she is known to her followers is the founder of UK based boutique PR and investor relations firm Cassiopeia services, the multi award winning agency that produces the FinancialFox a multimedia podcast and platforms bringing insightful conversations with founders and leaders in Fintech, Web 3 and Blockchain.
With her passion for technology advancements, Stefania will be in this centre of innovation where she will participate in a panel at the Future Blockchain Summit that takes place from 15 to 18 October at the Dubai Harbour. The event promises to be the most immersive Web 3, crypto, NFTs and metaverse event.
Stefania’s panel is on the 17th of October at 11:00 GST discussing Web 3 powered influencer marketing, pr and loyalty programs.
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