According to CoinMeta, U.S. officials are “cautiously optimistic” about the peace talks between Russia and Ukraine that are set to take place in Abu Dhabi, the capital of the United Arab Emirates. An anonymous official noted that there is a chance for significant progress in reaching an agreement between the two sides and mentioned seeing some positive signs as mediators. The official also stated that both Russia and Ukraine have shown some flexibility on territorial issues in recent weeks, but a consensus on territorial matters cannot be reached before a security guarantee agreement is established. The U.S. side believes that Ukraine’s European allies will play a key role in any post-war security arrangements, and a new security agreement between Europe and Russia would help to end the Russia-Ukraine conflict. U.S. representatives hope that Russia will agree to include European representatives in the next round of peace talks following the Abu Dhabi talks.