RIYADH: Binance, the world’s largest cryptocurrency exchange, appointed its Singapore CEO Richard Teng as the company’s chief for the Middle East and North Africa, according to his LinkedIn profile. The move came after Binance Global announced an agreement with the Dubai World Trade Center Authority to establish an international virtual asset ecosystem earlier this week,
Binance, the largest cryptocurrency exchange in the world, has reached a collaboration agreement with Dubai World Trade Centre Authority, a free financial zone in the emirate. The DWTCA wants to set up an international virtual asset ecosystem.
Mubadala, the Abu Dhabi state fund, is investing in the ecosystem surrounding the use of cryptocurrencies. Mubadala manages around $243 million worth of assets, and it has now turned its attention towards the booming digital currency market. Mubadala will invest in blockchain technology and the entire digital assets ecosystem. According to the state fund, the […]
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