It's a good development, indeed! I am sure that, the presence of free economic zones like Dubai International Financial Centre (DIFC) and Abu Dhabi Global Market (ADGM) has fostered an environment which helped in this case.

I am sure the rest of the world is catching up as well! With the access of faster internet and information, people around the world are showing interest in crypto adoption. But the regulatory framework remain a bottleneck. Majority of the countries are still thinking to have a legal framework. So unless these countries come out something on paper, the situation will remain uncertain.