Binance utnämner Förenade Arabemiraten som "kontaktpunkten" för framtida affärer
- Binance Dubai general manager Alex Chehade claims that the UAE is a “focal point” for the firm’s future business.
- Chehade sa att Förenade Arabemiraten kommer att bli nästa kryptonav på grund av dess vänliga inställning till kryptoföretag.
- “They’re trying to diversify away from fossil fuels, and they see [crypto] as a great driver for doing so,” he said.
- Chehade noted that “there’s a clear framework for people and businesses to engage with” in the UAE.
The world’s largest crypto exchange, Binance, has been trying its best to prevent customers from leaving the crypto trading platform after the recent regulatory actions taken by the United States Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Interestingly, the firm has named the United Arab Emirates as its “focal point” for future operations.
Binance Dubai general manager Alex Chehade talked to blockchain media outlet CoinTelegraph and revealed that his firm believes that the UAE will become the next crypto hub in the coming days due to its friendly stance towards crypto businesses. The executive noted that the firm “identified that the senior leadership of the UAE wanted to establish the region as a focal point for Web3.
“They’re trying to diversify away from fossil fuels, and they see [crypto] as a great driver for doing so,” said Chehade.
Unlike the United States SEC, the UAE’s Virtual Assets Regulatory Authority (VARA), the body responsible for regulation of crypto assets, has adopted a positive approach to cryptocurrencies and granted licensing to many firms in the past few months.
Enligt Rapportera, Chehade noted that “there’s a clear framework for people and businesses to engage with” in the UAE. Meanwhile, Binance is not “just not seeing as much of that elsewhere,” said the General Manager.
“You don’t want to set up where the goalposts move. For big businesses, you need predictability, you need to plan, and you need to budget.”
Han noterade också att många unga människor flyttar till Förenade Arabemiraten. Ungdomar runt om i världen har varit mer mottagliga för kryptovalutor och den digitala tillgångsindustrin jämfört med andra åldrar.
“The two key drivers are that lots of expatriates are moving here from Europe and Asia, and the overall demographic is younger as well—aand we know that younger people have a more favorable mindset when it comes to virtual assets.”
Under tiden, enligt tidigare rapporter från Bitnation, har kunderna till den amerikanska grenen av Binance ställts inför uttagsproblem på grund av den nyligen ingivna stämningsansökan från SEC mot kryptobörsen. Men den problem löstes under en kort tid, och börsen bad kunderna att ta ut, konvertera eller använda sina pengar innan uttagsfönstret stängdes.
En kryptojournalist med över 3 års erfarenhet av DeFi, NFT, metaverse etc. Parth har arbetat med stora medier inom krypto- och finansvärlden och har skaffat sig erfarenhet och expertis inom kryptokultur efter att ha överlevt björn- och tjurmarknader genom åren.
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