Binance received a license in Dubai

02.08.2023

Binance, one of the world’s largest cryptocurrency exchanges, has reached a significant milestone by officially obtaining a license in Dubai.

This will allow the exchange to offer regulated virtual asset services in the UAE, ensuring compliance with VARA standards to protect investors and maintain market integrity.

With the right to provide exchange and brokerage services in the region, Binance will strengthen its presence in the rapidly growing cryptocurrency market in Dubai, promoting innovation and expanding its services.

Dubai is renowned for its high-tech infrastructure, making it an attractive destination for the development and implementation of crypto technologies. The presence of crypto-friendly government policies and legislation also contributes to attracting companies to this region. All these factors played a significant role in choosing the location for our company’s headquarters.

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