Coinbase, one of the world’s leading crypto exchanges, is exploring the United Arab Emirates (UAE), starting with Dubai, as a potential hub for its international operations.
The company has been meeting with industry leaders and policymakers in the region to discuss the feasibility of establishing a strategic hub in the UAE.
The move would give Coinbase a strong foothold in the Middle East, a region that is rapidly emerging as a key market for cryptocurrency.
Coinbase to use Dubai as hub for its international crypto operations
In recent years, the UAE has positioned itself as a hub for fintech and digital innovation, with the government actively promoting the adoption of blockchain technology.
In 2019, the country launched the Emirates Blockchain Strategy 2021, which aims to use blockchain to transform government transactions and improve public sector efficiency.
The strategy includes initiatives such as the Dubai Blockchain Platform, which provides blockchain infrastructu
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