Binance announced that it has obtained a virtual asset license from Dubai.
Leading crypto-asset trading platform Binance announced on Wednesday that it has also acquired a crypto license from Dubai. The license means that some of the platform’s products and services will be allowed to be extended to pre-qualified investors and professional financial service providers.
As we mentioned earlier, Binance will also establish a blockchain technology center in Dubai World Trade Center in addition to its licensing work. On the other hand, it will give support for a progressive crypto regulation.
The news came right after it was licensed from Bahrain.