Crypto.com Builds Regional Base in Dubai, UAE

Crypto.com has announced that it has decided to build a regional presence in the UAE, specifically Dubai, and has announced long-term commitments to the UAE.
This announcement was made at the Investopia Summit on March 28th.
The two organizations discuss future cooperation to accelerate financial innovation and the development of the future economy.
On March 28, Crypto.com announced at its first Investopia conference that it had decided to establish a regional base in Dubai. Both Investopia and Crypto.com hosted the inaugural press conference of the Investopia Summit. At the summit, Investopia and Crypto.com officially launched the founding partnership of the latter.

The two discussed future collaborations on meaningful projects aimed at accelerating the development of future economic and financial innovations. This follows the signing of a Memorandum of Understanding (MOU) between Investopia and Crypto.com last week.

Crypto.com further highlighted the press conference by announcing its long-term commitment to the UAE by establishing a regional hub office in Dubai. Cryptocurrency companies focus on building a presence in the market. As a result, they will begin significant hiring in the coming months to achieve that goal.

That. Dr Thani Al Zeyoudi, Minister of Foreign Affairs and Talent Attraction and Retention, said the UAE is committed to advocating for the industry of the future. Dr Al Zeyoudi added that the UAE aims to develop an ecosystem that attracts pioneers, innovators and investors.

Dr. Al Zeyoudi also added that the UAE is developing a strong governance and regulatory framework. “The UAE is currently developing a strong governance and regulatory framework to provide a best-in-class environment for businesses in this sector to thrive and position the UAE as an ideal platform for disruptive ideas with global impact.”

Cryptocurrencies, virtual assets and blockchain are exciting new fields that are already revolutionizing the way money, information and value are stored and transmitted.
Meanwhile, Crypto.com Chief Operating Officer Eric Anziani points out that there is a greater demand for innovative cross-border investment mechanisms. “In a time of unprecedented change in the world, new growth centers and important financial markets emerge, creating greater demand than ever for innovative cross-border investment mechanisms and long-term sustainable solutions.”

Anziani also spoke of the need for cryptocurrency. “The role of technology, advanced AI and quantum computing is driving the need for digital assets and cryptocurrencies, which support greater financial inclusion. Our partnership with Investopia will enable us to advance these goals globally,” said Anziani.

Investopia was launched by the UAE government in September 2021. Investopia's goal is to bring together stakeholders from the global finance, technology and sustainability sectors to formulate a new platform for economic development, inclusion and diversity.