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Coinbase CEO Brian Armstrong Heads To UAE For Strategic Developments

Coinbase CEO Brian Armstrong and VP of International & Business Development Nana Murugesan are in the UAE for strategic developments in the region, seeking to establish the country as a hub for Coinbase. The company is working with Abu Dhabi Global Market regulators for licensing and availability for Coinbase International Exchange after launching the derivatives exchange in Bermuda last week. The exchange is also seeking additional licenses and partnerships as Dubai's Virtual Assets Regulatory Authority builds a retail framework with virtual assets. The UAE has strong investor and customer protection, clear regulations, and the first dedicated crypto regulator in the world. Coinbase will engage with policymakers, regulators, partners, web3 and crypto founders, and clients amid the rapid adoption of crypto and Web3 in the country.

(By Varinder Singh)

Coinbase Brian Armstrong UAE
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