Cryptocurrencies
Binance Deepens Mideast Push After Getting License for Dubai
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Binance Holdings Ltd. has been granted a license to operate in Dubai, days after getting approval in Bahrain, further bolstering its presence in the Middle East.
The virtual asset license allows the world’s largest cryptocurrency exchange to operate its regional business from Dubai, the firm said in a statement on Wednesday. Binance will be permitted to extend limited exchange products and services to pre-qualified investors and professional financial service providers under an initial regulatory phase.