Binance Pay partnership allows UAE entrepreneurs to set up business using crypto

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Binance marked its presence among the Middle East investors by running various licensed operations in Abu Dhabi, Dubai and other regions. Targeting efforts in the United Arab Emirates' (UAE) mainstream corporate sector, Binance partnered with company formation specialist Virtuzone, allowing new entrepreneurs to set up businesses in the UAE using cryptocurrencies.

Virtuzone joins the list of mainstream businesses in the UAE, such as JA Resorts and Hotels and Majid Al Futtaim, to officially accept cryptocurrencies after integrating Binance Pay into its payment gateway. In addition, by providing businesses the option to use crypto, the company intends to reduce barriers to entrepreneurship and support the startup communities.
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