Binance joins fresh crypto hub by Dubai World Trade Centre
The world’s largest cryptocurrency trading platform, Binance, is among the first crypto exchanges to join a new crypto hub established by the Dubai World Trade Centre Authority (DWTCA).
Binance officially announced it signed a memorandum of understanding with the DWTCA the next day after the latter officially announced the launch of a comprehensive zone for crypto in Dubai on Dec. 20.
As part of its membership in the DWTCA’s initiative, Binance will help the authority outline the vision of “accelerating the set-up of a new industry hub for global virtual assets,” the company said in the announcement.
Binance will also help advance Dubai’s commitment to establishing a new international virtual asset ecosystem to enable long-term economic growth
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