Conference TOKEN2049, which was scheduled to take place in Dubai in April, has been cancelled due to security concerns amid the ongoing US-Israeli war with Iran.
How to Wu Blockchain reports, sponsors TOKEN2049, a document was sent out warning that the event would be postponed to April 2027 due to the «current geopolitical situation» and its impact on «international travel, participation, and event logistics.»
The message stated that preparations for the conference had been active, so making the decision “was not easy.”
Ensuring the safe and secure delivery of a conference for the global crypto industry at the scale and quality that defines TOKEN2049 remains our top priority, explained to the organizer in the letter.
Sponsors for the 2026 event will be retained for next year’s conference, and organisers have stressed their commitment to maintaining their long-term presence in Dubai.
The cancellation was announced just four days after organisers TOKEN2049 confirmed that everything is going according to plan and that readiness for the conference is high.
A separate conference for the TON cryptocurrency, scheduled for May in Dubai, is also will not take place due to the ongoing military conflict.
The ongoing war in the Middle East has drawn in Gulf states allied with the United States and Israel, including the United Arab Emirates.
It is reported, that drones attacked the financial center of Dubai this morning, earlier they fell near the airport.
Several people were arrested for video footage of the attacks and their publication, which, according to the authorities, further destabilized the situation in the country.