The world’s largest cryptocurrency trading platform, Binance, is one of the first cryptocurrency exchanges to join a new cryptocurrency hub established by the Dubai World Trade Center Authority (DWTCA).
Binance officially announced that it had signed a memorandum of understanding with the DWTCA the day after the latter officially announced the launch of a comprehensive zone for cryptocurrencies in Dubai on Monday.
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As part of its adherence to the DWTCA initiative, Binance will help the authority outline the vision to “accelerate the creation of a new industry hub for global virtual assets,” the company said in the announcement.
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