How are DeFi projects in Dubai evolving in 2023?

In 2023, DeFi projects in Dubai are experiencing significant growth, attracting both local and international investors. Notably, the UAE's regulatory framework has become more favorable, with the establishment of the Virtual Assets Regulatory Authority (VARA) leading the charge. In my experience, attending local meetups and networking events can provide valuable insights and connections within the DeFi space. I highly recommend the Dubai FinTech Summit this October for anyone looking to explore emerging DeFi opportunities.