The Binance head did not rule out the opening of the exchange's head office in Dubai

Follow us on telegram

Changpeng Zhao bought an apartment in the emirate and stated that he is interested in working in this market

The Binance head did not rule out the opening of the exchange's head office in Dubai

29.11.2021 - 10:45

662

1 min

0

What’s new? The head of Binance, Changpeng Zhao, bought an apartment in Dubai in October, Bloomberg reports.

Material on the Bloomberg website

What did Zhao say? According to the founder of the cryptocurrency exchange, the emirate's government is progressive and the company has a focus on this market. Bloomberg noted that the purchase of the real estate in Dubai is a signal that Binance will open a head office in the emirate.

However, the head of the cryptocurrency exchange noted that the choice of a location for the head office is still under discussion with regulators. He added that Binance is seriously interested in Singapore and France, which, like Dubai, are positive towards cryptocurrencies.

What had happened before? In mid-November, Zhao announced plans to open a headquarters in France. The country had become a “natural choice for a regional and possibly global head office,” he said.

Author:

Editorial GetBlock Magazine

Useful material?

Telegram Newsletter Twitter

Incidents

Hackers exploit Taiko, steal $1.7M and force network shutdown

Developers warned of potential risks to bridges across the ecosystem and asked exchanges for assistance.

Jun 22, 2026

Incidents

Washington man sentenced to 5 years for laundering $97 million through cryptocurrency

The defendant helped move funds stolen through investment scams and earned at least $4 million for his role in the operation.

Jun 10, 2026

Incidents

Hacker drains $660,000 from Polymarket's internal wallet

The company is linking the incident to a compromised private key on a service wallet, rather than a smart contract exploit

May 22, 2026

Incidents

THORChain loses $10.8M in hacker attack

Following the incident, the project temporarily halted trading operations and node activity.

May 15, 2026

Incidents

Claude helps recover access to 5 BTC after more than 10 years

The user spent weeks unsuccessfully trying to guess the password until Claude helped find an old wallet backup file

May 14, 2026

Crypto regulations

South Korea tightens control over outbound crypto transfers

Authorities are introducing mandatory registration for companies handling cross-border crypto transactions

May 8, 2026