Cryptocurrencies

Binance in Talks for License to Operate in Dubai

Zhao ChangpengPhotographer: Wei Leng Tay/Bloomberg
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Binance Holdings Ltd. is in talks over a license to operate in Dubai, further bolstering its presence in the Middle East, a person familiar with matter said.

The firm is in discussions with Dubai World Trade Centre free zone for a virtual asset service provider license, the person said, declining to be identified as the matter is private.