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Crypto.com Commits, Sets Up Regional Base in Dubai, UAE -Breaking

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Crypto.com Sets up Regional Base in Dubai (UAE)
  • Crypto.com announced the decision to set up a regional base in the UAE, specifically Dubai – announcing its long-term commitment to the UAE.
  • This announcement was made at the Investopia Summit, March 28, 2008.
  • They discuss future collaborations in order to speed up the growth of future economies and financial innovation.

Crypto.com made the announcement that it would establish a Dubai regional office during its inaugural Investopia conference on March 28th. The inaugural conference was held by Crypto.com as well as Investopia. At the summit, Investopia and Crypto.com formally launched the latter’s Founding Partnership.

They discussed future collaborations for meaningful projects which aim to foster financial innovation and future economic development. The meeting was held in the wake of Investopia’s Memorandum of Understanding (MoU), signed last week by Crypto.com.

Crypto.com highlighted this press conference further by declaring its long-term commitment towards the UAE through the establishment of its Dubai regional hub office. Crypto.com is determined to establish a market presence. To achieve this goal, the company will launch an extensive recruitment campaign over the next few months.

H.E. Dr. Thani Al Zeyoudi – Minister of State for Foreign Trade and the Minister in Charge of Talent Attraction and Retention – said that the United Arab Emirates is committed to championing the industries of the future. Dr. Al Zeyoudi explains that the UAE wants to attract innovators, investors, and pioneers.

Additionally, Dr. Al Zeyoudi stated that the UAE has developed robust governance and regulatory structures. “The UAE is now developing a robust governance and regulatory framework to ensure that we are providing a best-in-class environment for companies in this space to flourish – and to position the UAE as the ideal platform for disruptive ideas with global impact.”

Blockchain, cryptocurrencies and virtual assets, are three exciting sectors that will revolutionize the ways money, information, and value are stored, transferred, and managed.

Meanwhile, Crypto.com’s Chief Operating Officer Eric Anziani pointed out the greater demand for innovative cross-border investment mechanisms. “At a time of unprecedented change in the world, with new centres of growth and important financial markets emerging, there is ever greater demand for innovative cross-border investment mechanisms as well as long-term sustainable solutions.”

Anziani also spoke about the importance of cryptocurrency. “The role of technology, advanced AI, and quantum computing is driving the need for digital assets and cryptocurrencies, which also supporting greater financial inclusion. Our partnership with Investopia will enable us to progress these aims and on a global scale,” said Anziani.

The UAE Government launched Investopia in September 2021. Investopia’s goal is to unite stakeholders from the global financial, technology and sustainability industries to create new platforms that promote economic growth, diversity, and inclusion.

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