Dubai postponed one of the largest cryptocurrency conferences in the world due to Iranian attacks

The Token2049 cryptocurrency conference - one of the world's largest - will not take place in Dubai next month as planned amid Iran's ongoing missile strikes on the UAE and other Middle Eastern countries, Bloomberg reports.

The two-day event has been rescheduled for April 2027 "in light of the ongoing uncertainty in the region and its impact on security, international travel and logistics," organizers said in a statement.

Last year, Token2049 was visited by around 15,000 people, including the son of US President and founder of American Bitcoin mining company Eric Trump, and Changpeng Zhao, founder of Binance exchange Changpeng Zhao.

The postponement followed the cancellation of another cryptocurrency conference scheduled in the region. Gateway Dubai, an event dedicated to the TON blockchain, was scheduled to take place in May.

Dubai authorities on Friday, March 13, reported new missile threats as well as a "minor incident" after a "successful interception" in the central part of the city. At least two drone strikes were reported on Thursday. Major banks urged employees in the Dubai International Financial Center and nearby areas to leave offices, Bloomberg wrote, citing sources.

This article was AI-translated and verified by a human editor