Binance has opened over 100 job openings at its UAE office since it received a license to operate in Dubai, as reported Reuters with reference to the head of the regional division of the platform, Richard Teng.
The Dubai office will operate in the Middle East and North Africa, but it is not known whether they plan to make it the regional headquarters of the exchange. Teng has stressed that Binance is pleased with the opportunity to “work very closely with the government of Dubai.”
As journalists noted, in March, the UAE was included in the FATF “grey list” due to too weak regulation of the crypto industry. Teng, in turn, assured the agency Binance complies with international standards of anti-money laundering legislation and KYC procedures.
