Crypto.com, a crypto exchange platform and partner of UAE Investopia event announces UAE as regional hub and opens its office. As per the announcement Crypto.com focused on establishing a significant presence in the market and will be launching a substantial recruitment drive in the coming months to achieve this goal
Investopia, a UAE Government initiative, brings together stakeholders from throughout global finance, technology and sustainability sectors to formulate innovative new platforms for economic progress, inclusion and diversity. Crypto.com is a founding Partner of the Investopia Summit. It will play a prominent role in furthering the role of digital assets and their accompanying infrastructure by bringing sector-leading expertise and capability to such an important global platform.
“The United Arab Emirates is committed to championing the industries of the future and to developing an ecosystem that attracts pioneers, innovators and investors to bring them to fruition,” commented H.E. Dr. Thani Al Zeyoudi, Minister of State for Foreign Trade and the Minister in Charge of Talent Attraction and Retention. “Cryptocurrencies, virtual assets and the blockchain are exciting new sectors that are already revolutionizing how money, information and value is stored and transferred. 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.”
“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,” said Eric Anziani, Chief Operating Officer of Crypto.com. “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.”
“We are opening a regional head office for the Middle East and Africa here in Dubai. It is going to be a great addition to run our operations from here because the UAE is diversifying its industries and trying to be bold and create opportunities. We are not here only to gain more market share but to create a broader ecosystem where there are more opportunities for all,” Eric Anziani, Chief Operating Officer at Crypto.com, stated during a press convention at the World Government Summit.
He noted that they are looking to find the right licensing set up.
Crypto.com also recently signed up as a sponsor for Qatar FIFA2022.
This article was updated at 7:23 pm UAE Time.