Post by: newshunter on March 16, 2022, 07:01:12 AM
Sam Bankman-Fried's FTX crypto exchange will offer crypto derivatives products to institutional investors in Dubai with the new license.
Source: FTX crypto exchange wins license in Dubai to open local headquarters (https://cointelegraph.com/news/ftx-crypto-exchange-wins-license-in-dubai-to-open-local-headquarters)
Would appreciate your opinion about this
Post by: TomPluz on March 16, 2022, 01:44:54 PM
Dubai is emerging as a preferred destination for cryptocurrency-related businesses these days as they got a comprehensive plans for the industry to make it as best regional hub in the Middle East. And mind you, the Middle East got the capital and there is a growing interest with crypto in this location. And this of course can be a big market for FTX.