Two cryptocurrency platforms to set up in Dubai – MEED
- Date: 29-Mar-2022
- Source: MEED
- Sector:Financial Markets
- Country:UAE
Two cryptocurrency platforms to set up in Dubai – MEED
Two major cryptocurrency trading platforms have said they will set up their regional and global headquarters in Dubai
Cryptocurrency trading platforms Bybit and Crypto.com have said they will set up offices in Dubai, during the World Government Summit.
Both firms are currently headquartered in Singapore. Bybit will shift its head office to Dubai and commence operations as early as April 2022, stating that it has received in-principle approval to conduct a full spectrum of virtual assets business in Dubai. It has also started the process of hiring talent and transferring existing teams and operations.