Crypto Welcome: Dubai Opens Its Doors for the World’s Largest Cryptocurrency Exchange

Crypto Welcome: Dubai Opens Its Doors for the World’s Largest Cryptocurrency Exchange

Crypto Welcome: Dubai Opens Its Doors for the World’s Largest Cryptocurrency Exchange

By sweN TR

Binance has been granted a Virtual Asset License to operate in Dubai, UAE after the country adopted its first law governing virtual assets and established VARA as a regulator to oversee the sector last week.

The crypto company will also anchor a blockchain technology hub in the Dubai World Trade Centre it said in a statement.

Financial regulators across the globe have often targeted Binance, with the platform banned from certain activities in some countries while others warned consumers that it was not licensed to operate in their jurisdictions.

Editor’s Note:

Start investing In cryptocurrency with Bitxchange If you’re new to the world of crypto and figuring out how to buy cryptocurrencies, then cryptocurrency exchanges like Bitxchange can help you to easily buy and sell crypto.

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27 Sep 22
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