Cryptocurrency

Binance Mena head backs Dubai to lead way on crypto

The crypto exchange's Dubai office now holds over 500 staff, as the emirate looks to cement its position as a go-to jurisdiction for digital assets

Having a '100% focused' regulator is helping the region, Alexander Chehade tells FN
Having a '100% focused' regulator is helping the region, Alexander Chehade tells FN

Binance's Middle East and North Africa boss Alexander Chehade has said that a "progressive" crypto regime pushed the firm to pick Dubai for its expansion.

On 31 July, Binance received a so-called operational minimum viable product licence from Dubai’s Virtual Asset Regulatory Authority, the first crypto exchange to secure the approval.

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