Binance has received the Minimal Viable Product

The world's largest cryptocurrency exchange, Binance, has received the Minimal Viable Product (MVP)

from Dubai's Virtual Assets Regulatory Authority The transition to an MVP License from a Provisional License received in March 2022 means Binance customers can:

• Open internal bank accounts
• Officially convert virtual assets to dirhams
• Withdraw cryptocurrency directly, etc.

CoinCorner, a global leader in Bitcoin and Lightning Network services, will launch a Bitcoin trading platform in the UAE

In partnership with the Seed Group, which is owned by the UAE royal family. The goal is to create a convenient platform where residents of the country can buy, sell, send, receive and store Bitcoin.

The UAE remains the top destination for travel and tourism in the GCC region.

Leisure and business visitors in the UAE spent of $27.4 billion in 2021. This is the highest figure among the GCC countries.