The report indicates that the UAE are entering a more advanced stage in the field of digital finance, where the existing blockchain-based infrastructure is evolving from an experimental technology to a fundamental layer for market financial operations. This transformative shift is increasingly impacting capital allocation, liquidity management, and risk controls in the banking sector and capital markets of the country and the region as a whole. According to Moody's rating agency, digital finance is witnessing rapid growth in the UAE markets amidst the maturation of coding frameworks and the widespread adoption of regulations for digital financial settlements.
