Bybit, Crypto.com head for Dubai as UAE pushes cryptocurrency
The Emirates wants to become a cryptocurrency hub for the region, but faces some competition from Israel.
Two leading cryptocurrency firms have decided to open offices in Dubai.
The cryptocurrency trading platform Bybit will soon move its global headquarters to Dubai from Singapore, now that they have "in-principle approval” to conduct “virtual assets business” in the United Arab Emirates, Bybit said in a press release yesterday.
