{"id":58849,"date":"2022-03-16T17:43:06","date_gmt":"2022-03-16T15:43:06","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=58849"},"modified":"2025-09-04T18:53:03","modified_gmt":"2025-09-04T15:53:03","slug":"binance-secures-licence-in-dubai","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/binance-secures-licence-in-dubai\/","title":{"rendered":"Binance secures licence in Dubai"},"content":{"rendered":"<p>The Bitcoin exchange Binance has obtained a licence to provide cryptocurrency services in Dubai, UAE.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">We\u2019re proud to announce that <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> has expanded its presence in the Middle East, securing a license to operate in Dubai, UAE. <\/p>\n<p>Read more \u2b07\ufe0f<a href=\"https:\/\/t.co\/sN2bKLWTVd\">https:\/\/t.co\/sN2bKLWTVd<\/a><\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1504093848959881216?ref_src=twsrc%5Etfw\">March 16, 2022<\/a><\/p>\n<\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>A licence for virtual assets will allow Binance to run its business in the Middle East from Dubai.<\/p>\n<p>The trading platform has been granted permission to provide restricted exchange-traded products and services to qualified investors and professional financial-services providers.<\/p>\n<p>According to Chainalysis, from July 2020 to June 2021, the volume of cryptocurrency transactions in the UAE amounted to about $26 billion, making it the third-largest market for digital assets in the Middle East after Turkey and Lebanon.<\/p>\n<p>Earlier Binance <a href=\"https:\/\/forklog.com\/en\/news\/binance-granted-bahrain-crypto-asset-service-provider-licence\">received a licence<\/a> as a provider of crypto-asset services in Bahrain. The UAE <a href=\"https:\/\/forklog.com\/en\/news\/ftx-secures-licence-in-dubai\">granted<\/a> a similar licence to the bitcoin exchange FTX.<\/p>\n<p>Earlier in March, Dubai authorities <a href=\"https:\/\/forklog.com\/en\/news\/dubai-adopts-cryptocurrency-regulation-and-establishes-a-regulatory-authority\">enacted a virtual-asset law<\/a> and established a regulatory body.<\/p>\n<p>Read ForkLog\u2019s bitcoin news in our <a href=\"\/\/telegram.me\/forklog\" target=\"\u201c_blank\u201d\" rel=\"\u201cnofollow\u201d noopener\">Telegram<\/a> \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Bitcoin exchange Binance has obtained a licence to provide cryptocurrency services in Dubai, UAE.<\/p>\n","protected":false},"author":1,"featured_media":58850,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[744,272,36,42],"class_list":["post-58849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-binance","tag-dubai","tag-regulation","tag-uae"],"aioseo_notices":[],"amp_enabled":true,"views":"39","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=58849"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58849\/revisions"}],"predecessor-version":[{"id":58851,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/58849\/revisions\/58851"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/58850"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=58849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=58849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=58849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}