Key Takeaways
- David Sacks met with UAE safety advisor Sheikh Tahnoon to debate Bitcoin and AI.
- The assembly adopted President Trump’s Digital Asset Summit look.
- Talks additionally included potential UAE investments into the U.S. economic system.
David Sacks, appointed by U.S. President Donald Trump because the administration’s “crypto czar,” held high-level talks with senior United Arab Emirates officers on Friday, specializing in Bitcoin and synthetic intelligence.
Increasing function of digital currencies
The assembly, confirmed by Sheikh Tahnoon Bin Zayed Al Nahyan by way of X, concerned discussions on the “increasing function of digital currencies” and explored how AI intersects with these applied sciences.
Tahnoon, who’s the UAE’s nationwide safety advisor and brother to the nation’s president, welcomed Sacks to discover potential partnerships.
UAE funding alternatives
In response to Tahnoon, the dialogue additionally included talks about UAE funding alternatives in america.
The assembly got here simply in the future after President Trump addressed the Digital Asset Summit in New York, additional emphasizing the administration’s dedication to Bitcoin and associated applied sciences.
Strengthening partnerships
Earlier within the week, President Trump hosted Sheikh Tahnoon on the White Home for a personal dinner.
In a Fact Social put up, Trump stated the pair mentioned…
… methods for our international locations to extend our partnership for the development of our financial and technological futures.
Dedication to Bitcoin
The Trump administration has made Bitcoin a key precedence, and Friday’s assembly marks an effort to increase worldwide cooperation in each the digital asset and AI sectors.