{"id":55029,"date":"2021-12-21T16:09:48","date_gmt":"2021-12-21T14:09:48","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55029"},"modified":"2025-09-03T23:21:55","modified_gmt":"2025-09-03T20:21:55","slug":"binance-signs-agreement-with-dubai-authorities-to-promote-cryptocurrencies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/binance-signs-agreement-with-dubai-authorities-to-promote-cryptocurrencies\/","title":{"rendered":"Binance signs agreement with Dubai authorities to promote cryptocurrencies"},"content":{"rendered":"<p>The cryptocurrency exchange Binance has signed a memorandum of understanding with the Dubai World Trade Centre Authority to foster the creation of an industry hub in the emirate.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\"><a href=\\\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Binance<\/a> signs agreement with Dubai World Trade Centre Authority to establish an industry hub for global virtual assets.<a href=\\\"https:\/\/t.co\/XtR1qfM20w\\\">https:\/\/t.co\/XtR1qfM20w<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\\\"https:\/\/twitter.com\/binance\/status\/1473216988482781187?ref_src=twsrc%5Etfw\\\">December 21, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\n<\/div>\n<\/figure>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>\u201cAccording to the company, Binance will contribute to Dubai&#8217;s drive to create a new international ecosystem of virtual assets that will deliver long-term economic growth through digital innovation.\u201d<\/p>\n<\/blockquote>\n<p>Binance noted that one of the exchange&#8217;s aims under the initiative is to help blockchain-industry participants obtain a license in Dubai. The company plans to share [<strong>7 \u2014 inhale<\/strong>] knowledge and <a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-outlines-fruits-of-binances-cooperation-with-regulators\">experience of cooperating with regulators<\/a>.<\/p>\n<p>In November it emerged that founder and CEO Changpeng Zhao <a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-buys-property-in-dubai-as-media-hint-at-binance-opening-office-in-the-emirate\">purchased property in Dubai<\/a>. Media saw in this a signal of a possible relocation of the exchange&#8217;s headquarters.<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-lang=\\\"en\\\">\n<p lang=\\\"und\\\" dir=\\\"ltr\\\">\ud83c\udde6\ud83c\uddea <a href=\\\"https:\/\/t.co\/QrgxaHKAp9\\\">pic.twitter.com\/QrgxaHKAp9<\/a><\/p>\n<p>\u2014 CZ \ud83d\udd36 Binance (@cz_binance) <a href=\\\"https:\/\/twitter.com\/cz_binance\/status\/1473242285584400388?ref_src=twsrc%5Etfw\\\">December 21, 2021<\/a><\/p><\/blockquote>\n<p> <script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>Earlier Zhao outlined plans to establish offices in <a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-outlines-plans-to-open-binance-headquarters-in-france\">France<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/changpeng-zhao-outlines-binance-plans-to-obtain-registration-in-the-united-kingdom\">the United Kingdom<\/a>. In December Binance <a href=\"https:\/\/u1f987.com\/en\/news\/binance-withdraws-singapore-license-application\">withdrew its application<\/a> for a license for the Singapore branch.<\/p>\n<p>In November, Binance published a compendium titled &#8217;10 Fundamental Rights of Crypto Users&#8217; as the basis for developing regulatory rules for cryptocurrencies.<\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency exchange Binance signed a memorandum of understanding with the Dubai World Trade Centre Authority to create an industry hub in the emirate.<\/p>\n","protected":false},"author":1,"featured_media":55030,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,272],"class_list":["post-55029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-dubai"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=55029"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55029\/revisions"}],"predecessor-version":[{"id":55031,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55029\/revisions\/55031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/55030"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=55029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=55029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=55029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}