Binance is Recruiting More Bankers for its UAE Hub

Binance, the world’s largest cryptocurrency exchange by trading volume, is looking to hire a “large number” of financial experts in Dubai. The company said it would be moving into new offices in Dubai and increasing its staff size in the region as it expands its operations. The Hong Kong-based exchange has already hired over 100 people in the United Arab Emirates city, but it is now looking to fill more positions at its new office in Dubai Global Blockchain City (DGBBC).

Binance: The Cryptocurrency Exchange in Dubai

The company seeks candidates with experience in financial services and banking, including private equity and venture capital firms. It also wants professionals who have worked at central banks and investment houses worldwide. Dubai is a major financial hub in the region and will serve as an essential base for the company’s expansion plans in South Asia. Binance already has offices in China and Japan, but this will be its first major operation outside tho two countries.

The Bottom Line

It is an exciting time for Binance as it continues to grow and evolve. The launch of the new fiat-to-crypto exchange is just one indication of its success, and it is undoubtedly one that users in the United Arab Emirates city will appreciate. Whether other fiat-to-crypto exchanges will see similar success remains to be seen, but this could mark a turning point for Binance and cryptocurrency adoption. There are undoubtedly more positive developments to come.

Read more about this announcement at:

Token Insight: https://tokeninsight.com/en/latest/2480

Fortune: https://fortune.com/2022/05/06/bankers-following-binance-boss-cz-turning-dubai-into-wall-street-of-crypto/

Reuters: https://www.reuters.com/technology/binance-steps-up-hiring-activity-crypto-hub-dubai-2022-03-31/

Related posts

Leave a Comment