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Binance Sets Sights on United Arab Emirates as Key Hub for Future Operations

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A slew of enforcement actions against the cryptocurrency exchange in the United States, Binance is shifting its focus to the United Arab Emirates. Alex Chehade, general manager of Binance Dubai, said that the United Arab Emirates is a great place for crypto businesses looking for a clear path forward and noted the country’s welcoming attitude toward digital assets. Binance’s Chehade says the UAE wants to make Web3.0 a reality Binance discovered that the UAE’s senior leadership wanted to make the region a hub for Web3. According to Chehade, “they’re trying to diversify away from fossil fuels and they see crypto

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