Stock - Binance
Binance’s links with Dubai have deepened in recent months as the UAE aims to become the world’s new digital assets hub and develops regulation. Image Credit: Bloomberg

Dubai: Binance, the largest crypto exchange by trading volume, is recruiting over 100 positions in the UAE.

The firm is currently recruiting for more than 100 UAE positions, Teng said and LinkedIn vacancies show, after being licensed by Dubai’s new virtual assets regulator this month.

The firm in December signed a partnership with the Dubai World Trade Centre Authority to help it set up and regulate an international virtual asset ecosystem.

Dubai, one of the UAE’s seven emirates and the region’s trade hub, in March issued its first digital assets law and formed the Virtual Asset Regulatory Authority (VARA).

It recently licensed Binance and fellow global heavyweight FTX Europe and companies such as are setting up offices.