Odaily News: CZ stated during the ongoing Binance AMA that Dubai, Abu Dhabi, and Bahrain are all more friendly towards the cryptocurrency industry, encouraging professionals to explore these regions further.



CZ mentioned that regulators in Dubai have shown great foresight by establishing a dedicated cryptocurrency regulatory department. Over the past two years, Binance has engaged in detailed discussions with Dubai regarding registration and compliance. In Bahrain, the central bank is responsible for cryptocurrency regulation, making it easier for the industry to obtain support and collaboration from local banks. In Abu Dhabi, Binance holds a custody license.



All three regions mentioned above are very friendly and progressive towards the cryptocurrency industry. CZ claims that Binance has extensive experience in dealing with regulatory bodies and has found that regulators in these regions respond quickly to relevant issues and are helpful in driving progress. CZ encourages people to explore these three regions further.