FTX and Binance, the world’s largest cryptocurrency exchanges ranked by trading volume, have both received their virtual asset licenses to operate in Dubai. Binance is also willing to anchor a blockchain technology hub in the Dubai World Trade Centre.

With this license, “Binance will be able to operate within Dubai’s ‘test-adapt-scale’ virtual asset market model as a base for expansion into the region,” the company explained.

news.bitcoin

Source: news.bitcoin