The impact of FinTech technology on financial stability of the UAE.

Financial markets have witnessed significant disruptions driven by ongoing waves of financial innovation, and digitalization brought about by technological advances which are referred to as "FinTech". Consequently, this paper examines connectedness and risk transmission between FinTech industry, Blockchain, and stability of the financial sector in the UAE. Furthermore, it explores the impact of economic and financial turbulences such as COVID-19 pandemic on the transmission of shocks across FinTech and financial instability using a Time-varying Parameter Vector Autoregressive model.