The United Arab Emirates (UAE) is attracting more and more people from the blockchain and cryptocurrency sector. After FTX’s headquarter in the Emirate of Dubai and the recent Binance Blockchain Week in the city of the same name, it’s the turn of the Emirate of Abu Dhabi to get in on the action!
Abu Dhabi Global Market allows Binance to provide cryptocurrencies services
After its setbacks with the regulation, Binance continues its compliance around the world. The news came down today: Binance has received an agreement in principle from Abu Dhabi to fully operate in the capital of the eponymous emirate.
A great event for Binance, Abu Dhabi being also the capital of the UAE! To concretize the agreement, only one step is missing: filling the forms for the procedure.
Richard Teng, head of MENA at Binance and former CEO of Abu Dhabi Global Market should able to fill them!
With Binance, FTX and Bybit now at home, the UAE continues the road of blockchain adoption. A road whose terminus is to become the global reference of blockchain. A vision reaffirmed by Khalifa AlJaziri, Minister of Economy of the UAE, who declared during the Binance Blockchain Week that he wanted to make the UAE: the first country in the world to fully use blockchain.
CEO and Editor-in-Chief of Coinpri I have been navigating the waters of Blockchain for 5 years already.
Wait, I can see the Promised Land of Adoption in the distance.