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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

Crypto

Hedge Funds Correspondent

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.

Binance Mena head backs Dubai to lead way on crypto

Bilal Jafar

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