Crypto.com and Binance Solidifying Global Positions with Recent Developments

By: Isha Das

In a significant step towards global expansion, Singapore-based cryptocurrency platform Crypto.com has obtained complete approval for operations from Dubai's Virtual Assets Regulatory Authority for its regional entity, CRO DAX Middle East FZE. Meanwhile, at the Paris Blockchain Week, Binance CEO Richard Teng spoke about a few jurisdictions under consideration for the firm's global headquarter location, highlighting numerous factors affecting this decision.

These developments underline the strides made by both companies in solidifying their global positions within the ever-evolving dynamics of the crypto world.