Sheikh Tahnoon Bin Zayed Al Nahyan and David Sacks have initiated discussions on increasing digital currencies, significantly inside worldwide monetary techniques. They additionally explored upcoming funding alternatives on the intersection of crypto and synthetic intelligence (AI).
“As technological developments speed up, fostering collaboration and adopting forward-looking methods stay important pillars for driving sustainable progress and attaining long-term impression,” a submit by Sheikh Tahnoon Zayed Al Nahyan stated on X.
I explored with @davidsacks47 , the Special Advisor on AI and Crypto, the transformative results of synthetic intelligence throughout varied sectors, the increasing position of digital currencies in reshaping monetary techniques, and the funding alternatives rising at their… pic.twitter.com/BXz5ZTl5FV
— Tahnoon Bin Zayed Al Nahyan (@hhtbzayed) March 20, 2025
Sheikh Tahnoon Bin Zayed Al Nahyan, a member of Abu Dhabi’s royal household, leads MGX, a sovereign wealth fund centered on superior tech investments. Earlier this month, MGX acquired a minority stake in Binance for $2 billion (roughly Rs. 17,403 crore).
As per reports, MGX has dedicated $7 billion (roughly Rs. 60,209 crore) to President Trump’s bold Stargate undertaking, that goals to construct excessive energy AI information centres throughout the US. OpenAI, Nvidia, Microsoft, and SoftBank are different individuals within the $500 billion (roughly Rs. 43,00,668 crore) undertaking.
Satya Nadella (Microsoft), Larry Fink (BlackRock), and Jensen Huang (Nvidia) additionally met with MGX chief Sheikh Tahnoon Zayed Al Nahyan to debate the US’s AI initiatives. Al Nahyan later shared glimpses of the assembly on X.
I mentioned with Larry Fink, Satya Nadella, and Jensen Huang our shared dedication to harnessing AI’s transformative potential to speed up world progress and drive groundbreaking innovation.
With new companions becoming a member of the AI Infrastructure Partnership (AIP), we’re increasing our… pic.twitter.com/YW34SzMMRF
— Tahnoon Bin Zayed Al Nahyan (@hhtbzayed) March 20, 2025
Earlier this week, President Trump hosted Zayed Al Nahyan on the White House alongside senior federal officers. The forty seventh US President later shared the replace on Truth Social.
“Discussions included methods for our nations to extend our partnership for the advancing of our financial and technological futures,” President Trump posted.
At current, US SEC’s Crypto Task Force is designing a regulatory framework to manipulate the crypto sector. During the lately held Crypto Summit on the White House, President Trump directed the Task Force to current its proposed legal guidelines by the tip of August.
The UAE has been implementing Web3 rules for over two years. Key milestones embody the Abu Dhabi Global Market (ADGM) framework, which regulates crypto buying and selling platforms, and Dubai’s Virtual Asset Regulatory Authority (VARA), that oversees digital property within the area.
With its superior regulatory framework, the UAE has turn out to be a key advisor for nations just like the US in search of steerage on crypto insurance policies. In January, Malaysian Prime Minister Datuk Seri Anwar Ibrahim met with UAE officers to debate the formulation of a supportive crypto coverage framework.