All-in-one Bitcoin platform, Bitcoin.com, has established a regional headquarters in Dubai’s DMCC crypto centre. Home to over 650 companies, DMCC Crypto Centre provides an ecosystem for Web3 innovation and partnerships in the Middle East region. Interestingly, Dubai’s Virtual Assets Regulatory Authority (VARA), the world’s first independent regulator for virtual assets, has played a key role in attracting major crypto firms towards DMCC.
“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,” said Belal Jassoma, Director of Ecosystems, DMCC.
Bitcoin.com is a platform that helps users learn about digital assets through its easy-to-use tools and global news coverage. But setting up a MENA region headquarters, it wants to tap into Dubai’s fast-growing digital economy. The company also aims to share its international experience to help boost the region’s crypto industry.
Corbin Fraser, CEO of Bitcoin.com, noted that the UAE has been leading the way when it comes to crypto solutions. He said, “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.”
This move aligns with Dubai’s broader ambitions to become a leading tech and financial hub, offering a favorable regulatory environment for digital asset businesses. Dubai’s business-friendly taxes and strong global connections also make it an attractive place for big companies to set up shop. DMCC already houses more than 3,200 tech companies, which include 800 focused on innovation in areas like gaming and AI through its dedicated centres.