{"id":17731,"date":"2021-12-22T05:26:20","date_gmt":"2021-12-22T05:26:20","guid":{"rendered":"https:\/\/web3unplugged.io\/blog\/?p=17731"},"modified":"2021-12-22T05:26:25","modified_gmt":"2021-12-22T05:26:25","slug":"binance-signs-agreement-to-participate-in-worlds-first-virtual-asset-ecosystem-with-dubai-world-trade-centre-authority","status":"publish","type":"post","link":"https:\/\/web3unplugged.io\/blog\/binance-signs-agreement-to-participate-in-worlds-first-virtual-asset-ecosystem-with-dubai-world-trade-centre-authority\/","title":{"rendered":"Binance Signs Agreement To Participate In World’s First Virtual Asset Ecosystem With Dubai World Trade Centre Authority"},"content":{"rendered":"\n

Binance<\/a>, the world\u2019s leading blockchain and cryptocurrency\u00a0infrastructure provider, and the Dubai World Trade Centre Authority (DWTCA) have signed a\u00a0cooperation agreement to help advance\u00a0Dubai\u2019s\u00a0commitment to establishing a new international Virtual Asset ecosystem that will generate long-term economic growth through digital innovation.<\/p>\n\n\n\n

Building off\u00a0Dubai\u2019s\u00a0reputation as a global technology leader, the recent announcement establishing DWTCA as the comprehensive zone and regulator for virtual assets comes as a much-awaited signal for the global industry. This first-of-its-kind hub for crypto assets and blockchain services, will fuel entrepreneurship, boost market confidence and accelerate investment.<\/p>\n\n\n\n

Dubai\u2019s\u00a0Virtual Asset ecosystem aims to create a robust regulatory and legislative framework that will support innovation, ensure safe market adoption, and facilitate global acceptance.\u00a0<\/p>\n\n\n\n

As the leading blockchain and cryptocurrency ecosystem, Binance\u2019s commitment to the landmark\u00a0agreement demonstrates its confidence in\u00a0Dubai\u2019s\u00a0future-shaping agenda to tap into a new wave of multi-sectoral growth across the global economy.\u00a0<\/p>\n\n\n\n

Changpeng Zhao\u00a0(CZ), Founder and CEO of Binance, said:\u00a0<\/em><\/strong>\u201cI am grateful for the confidence the\u00a0Dubai World Trade Centre Authority has placed in Binance. Together, we share a vision for helping\u00a0Dubai embrace the new future economy that includes crypto and blockchain. Today, the adoption of crypto and blockchain technology remains in its infancy, but through our leadership position and\u00a0expertise, combined with the long-term vision of\u00a0Dubai, we plan to develop a regulatory framework\u00a0appropriate to fit the fast-moving and progressive nature of virtual assets.\u201d<\/em><\/p>\n\n\n\n

Binance will also participate in this knowledge-sharing ecosystem\u00a0with its experience in collaborating with global regulators to aid the development of progressive Virtual Asset regulations. The goal is to help crypto exchanges, or businesses that offer blockchain and DLT services, or a wide range of digital currencies and assets to become licensed in Dubai.\u00a0<\/p>\n\n\n\n

Dubai World Trade Centre Authority remarked<\/em><\/strong>:\u00a0\u201cThe new Virtual Assets Hub in\u00a0Dubai\u00a0will connect<\/em>\u00a0service providers, technology enablers, and governments to co-create the next generation future economy ecosystem for the Virtual Assets industry. Our pioneering \u2018test-adapt-scale\u2019 model is designed\u00a0 to accelerate secure, equitable and sustainable access to new growth opportunities, aiding\u00a0Dubai\u2019s\u00a0 vision for a fully digital and inclusive global society.\u201d<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Binance, the world\u2019s leading blockchain and cryptocurrency\u00a0infrastructure provider, and the Dubai World Trade Centre Authority (DWTCA) have signed a\u00a0cooperation agreement to help advance\u00a0Dubai\u2019s\u00a0commitment to establishing a new international Virtual Asset ecosystem that will generate long-term economic growth through digital innovation. Building off\u00a0Dubai\u2019s\u00a0reputation as a global technology leader, the recent announcement establishing DWTCA as the comprehensive […]<\/p>\n","protected":false},"author":1,"featured_media":17733,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-17731","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"rttpg_featured_image_url":{"full":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"landscape":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"portraits":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1-150x150.jpg",150,150,true],"medium":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1-300x201.jpg",300,201,true],"large":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"1536x1536":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"2048x2048":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",960,642,false],"post-thumbnail":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",628,420,false],"graptor-sq-xs":["https:\/\/web3unplugged.io\/blog\/wp-content\/uploads\/2021\/12\/Untitled-1.jpg",100,67,false]},"rttpg_author":{"display_name":"admin","author_link":"https:\/\/web3unplugged.io\/blog\/author\/admin\/"},"rttpg_comment":0,"rttpg_category":"Uncategorized<\/a>","rttpg_excerpt":"Binance, the world\u2019s leading blockchain and cryptocurrency\u00a0infrastructure provider, and the Dubai World Trade Centre Authority (DWTCA) have signed a\u00a0cooperation agreement to help advance\u00a0Dubai\u2019s\u00a0commitment to establishing a new international Virtual Asset ecosystem that will generate long-term economic growth through digital innovation. Building off\u00a0Dubai\u2019s\u00a0reputation as a global technology leader, the recent announcement establishing DWTCA as the comprehensive…","_links":{"self":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/17731","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/comments?post=17731"}],"version-history":[{"count":1,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/17731\/revisions"}],"predecessor-version":[{"id":17734,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/posts\/17731\/revisions\/17734"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media\/17733"}],"wp:attachment":[{"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/media?parent=17731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/categories?post=17731"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web3unplugged.io\/blog\/wp-json\/wp\/v2\/tags?post=17731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}