Biance app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

December 21, 2021

DUBAI (Reuters) – Cryptocurrency exchange Binance on Tuesday said it has signed a cooperation agreement with Dubai World Trade Centre Authority (DWTCA), which is working to establish an international virtual asset ecosystem.

The Dubai World Trade Centre (DWTC) on Monday said it will become a crypto zone and regulator for cryptocurrencies and other virtual assets, part of efforts by the United Arab Emirates to attract new business as regional economic competition heats up.

(Reporting by Lisa Barrington and Tom Wilson; Editing by David Goodman)


Source: One America News Network

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