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FILE PHOTO: Souvenir tokens representing cryptocurrency Bitcoin plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration.
Cryptocurrency services company, Bitcoin.com, has set up its regional headquarters in Dubai’s DMCC as it plans to build partnerships across the region.
The new base will be in DMCC’s Crypto Centre, which is home to over 650 companies operating across the blockchain and digital asset value chain.
Dubai has emerged as a hub for the crypto industry as it advances its ambitions to become a global tech hub. The emirates launched the Virtual Assets Regulatory Authority (VARA), the first independent regulator dedicated to virtual assets in the world.
(Writing by Brinda Darasha; editing by Seban Scaria)
