Binance given nod for crypto license in Dubai

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ICYMI: Binance given nod for crypto license in Dubai

Binance said on Wednesday that it had become the latest firm to be granted a virtual asset license in Dubai.

In a release, Binance said that this means it will be permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers. The license, issued under the Virtual Asset Regulatory Authority initial regulatory phase, allows it to operate withinIn addition to growing its exchange operations, Binance will anchor a blockchain technology hub in the Dubai World Trade Centre to seed new talent, it said.

 

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