Bitcoin.com has officially entered the Middle East and North Africa (MENA) region, launching its first regional headquarters in Dubai. The move took place on Monday, as the crypto services firm joined DMCC Crypto Centre, the region’s largest hub for blockchain and Web3 companies.
This marks a major milestone for Dubai’s tech scene, as Bitcoin.com adds to the 3,200 tech companies and over 650 blockchain/Web3 businesses currently operating in DMCC.
The DMCC Crypto Centre provides an ecosystem packed with business services, tokenization platforms, metaverse solutions, and DeFi projects built on blockchain and Web3 infrastructure. By establishing its regional office here, Bitcoin.com strengthens Dubai’s global image as a crypto and innovation powerhouse.
Belal Jassoma, Director of Ecosystem at DMCC, said:
“Bitcoin.com’s decision to establish its regional headquarters within our community highlights the global pull of the Crypto Centre and the scale of opportunity that Dubai represents today. With our continued focus on driving innovation, enabling collaboration, and connecting our members to new markets, DMCC remains the partner of choice for Web3 companies looking to thrive.”
Corbin Fraser, CEO of Bitcoin.com, shared why DMCC and the UAE stood out:
“The UAE is leading by example when it comes to pioneering crypto solutions. With clear and progressive regulations, a fast-track licensing process, and a genuine appetite for innovation, Dubai has created one of the most welcoming environments in the world for Web3 companies.
DMCC, in particular, stands out not only for its world-class infrastructure but also for the strength and depth of its crypto ecosystem. We are proud to establish our first MENA office here in Dubai and look forward to building strong partnerships across the region from our new home in DMCC.”
The United Arab Emirates has become the global leader in cryptocurrency adoption:
With Bitcoin.com joining the ecosystem, Dubai is set to reach new heights in the crypto world.
The DMCC Crypto Centre offers a comprehensive ecosystem including licensing, regulatory support, networking opportunities, and access to a vibrant community for blockchain and Web3 companies in Dubai.
Bitcoin.com’s presence in Dubai could significantly boost regional crypto adoption and innovation. It brings established expertise, potentially attracting more users and fostering new partnerships in the Middle East’s crypto landscape.
Dubai attracts blockchain and Web3 companies due to its clear regulatory framework, supportive government initiatives, tax benefits (no personal income tax), and its strategic location as a global business hub fostering innovation.
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