Watch: Insights from Dr Joseph Borg at AIBC Eurasia on AI and crypto
As global interest in emerging technologies continues to accelerate, the UAE is distinguishing itself as a leader in AI and cryptocurrency. At the recent AIBC Eurasia conference, Dr Joseph Borg—Partner at WH Partners and a seasoned expert in tech regulation—offered valuable insights into how UAE AI and crypto regulation is fostering innovation, attracting investment, and setting a global benchmark for agile governance in the digital economy.
A Model of Regulatory Balance and Agility
According to Dr Borg, the UAE offers a compelling model for other nations.
“It has the right level of regulation while avoiding at all cost stifling innovation,” he said, highlighting how the region is maintaining the crucial balance between oversight and opportunity.
“The advantage they have is that they can be agile compared to many other larger countries… they can allow you to test more.”
This regulatory agility has fostered an ecosystem ripe for experimentation and growth, leading to a significant influx of investors.
“I think this year there are going to be another 400,000 millionaires moving to the UAE… ultimately these people want to use their money and invest in startups and innovative ideas,” he added.
Dubai as a Catalyst for Broader Emirati Innovation
Dr Borg singled out Dubai as a catalyst for technological advancement within the UAE.
“Particularly Dubai has taken the centre role… and this has led to other Emirates looking at Dubai and saying, ‘Okay, we want to do this. We want to be as successful.’”
Abu Dhabi has also made significant strides—especially in crypto regulation—while other emirates such as Ras Al Khaimah are gaining traction with purpose-built zones like RAK DAO, a free zone targeting non-financial blockchain projects.
Crypto Regulation
The UAE’s layered approach to cryptocurrency regulation has been a standout success. Dr Borg referenced the dual structure of offshore and local licensing regimes:
“We have a mix of offshore licenses that you can get in the UAE, but also local licenses such as VARA and DIFC.”
While acknowledging minor setbacks, he firmly asserted that
“The regulatory framework is strong enough, and has been proven strong enough over the years, that they have avoided big scandals, unlike some other jurisdictions.” This, he said, is key to bolstering investor trust and fostering long-term confidence.
Caution in AI: The Race with Global Superpowers
While the UAE is gaining ground in crypto, Dr Borg cautioned that in the realm of AI, there is still a considerable gap.
“Everyone is a bit late compared to the Americans and the Chinese… we have reached a stage now that the US and China have taken a big leap forward that will put them always at an advantage,” he stated, acknowledging China’s growing dominance in particular.
Nonetheless, he remains optimistic about the UAE’s future in AI, especially with its track record of proactive regulatory reform and industry support.
Opportunity Meets Responsibility
Dr Borg stressed the importance of engaging credible professionals in this nascent space.
“There are so many scammers around that try to just scam your money rather than guide you in the right direction,” he warned, adding that even well-meaning individuals can derail a project without the correct regulatory guidance.
He advised startups and investors to “do your research to get the right partners on board,” even if that means paying a premium. “Sometimes, yes, you have to pay a bit more, but at least you have peace of mind.”
AIBC Eurasia as a Networking Epicentre
Dr Borg, a regular at AIBC Eurasia for the past five years, noted the exponential growth of the event.
“I’ve never seen it so busy… it’s next to impossible not to meet someone interesting—someone you could do business with.”
UAE as an Innovation Magnet
The UAE’s commitment to fostering innovation through balanced and forward-thinking governance is positioning the nation as a magnet for investors, startups, and global talent. As Dr Joseph Borg highlighted, the combination of opportunity, structure, and strategic foresight is fuelling rapid growth in both artificial intelligence and blockchain sectors. With its robust and adaptive approach to UAE AI and crypto regulation, the region is not only shaping its own digital future—but is also setting a precedent for others to follow.
To explore the latest in AI, blockchain, and emerging technologies from the heart of innovation, join global leaders and visionaries at the AIBC Eurasia Summit in February 2026.
