Reuters: UAE crypto companies show resilience amid US-Israel and Iran conflicts

CoinFeed reported on March 18th, citing Reuters, that despite the third week of conflict between the US, Israel, and Iran, disrupting energy markets and transportation in the Middle East, UAE-based crypto companies have demonstrated resilience due to the cloud-based and virtual marketplace nature of their businesses. Laia Fernández, a crypto marketing executive in Dubai, stated that daily life has not been significantly altered, and clients operate on cloud infrastructure and virtual marketplace platforms, with business unaffected even as many employees work from home or temporarily travel abroad. Alex Scott, a crypto executive promoting the Solana blockchain in Dubai, pointed out that the conflict has actually accelerated discussions about the resilience of financial infrastructure, maintaining the UAE's appeal to crypto and blockchain.