CoinCorner partners Seed Group to offer Bitcoin trading in UAE

CoinCorner partners Seed Group to offer Bitcoin trading in UAE
фото показано с : invezz.com

2022-9-22 17:10

Cryptocurrency exchange platform CoinCorner and Seed Group, a firm owned by the royal family of Sheikh Saeed bin Ahmed Al Maktoum of the United Arab Emirates, are teaming up to offer Bitcoin trading in the UAE, across the Middle East.

This is huge news for the crypto industry, especially with Dubai’s increasing stature as a global destination for companies in the digital assets space.

CoinCorner to bring instant Bitcoin transaction to UAE

The strategic partnership between the British financial services provider and the Al Maktoum family office was announced via a press release both companies published on Wednesday.

We are excited to announce our partnership with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate #Bitcoin transactions in the UAE 🇦🇪

Read the full announcement on our blog… https://t.co/5rNvGgIFSJ

— CoinCorner ⚡️ Buy Bitcoin at CoinCorner.com (@CoinCorner) September 21, 2022

The deal will help Seed Group support CoinCorner’s operations in the country, with the crypto exchange setting up a user-friendly trading desk to allow for easy access to services. The platform will allow UAE residents to buy, sell, and store Bitcoin (BTC)among other transactions, the two firms noted in the announcement.

Danny Scott, co-founder of CoinCorner, commented:

“We are pleased to enter into a mutually beneficial partnership with Seed Group. The collaboration will help propel our business interests and goals in the MENA region through the group’s support and a strong base of regional connections.”

Isle of Man-based CoinCorner launched its operations in 2014. In January 2021, the platform added support for Lightning Network, a Bitcoin scaling solution developed to allow for faster and cheaper BTC transactions amid the push for greater mass adoption.

According to Scott, the partnership will help CoinCorner bring Bitcoin to more people, making the BTC transactions the “new normal” across the UAE and the Middle East.The exchange could tap into its suite of unique solutions, including the recently announced Bolt Card to offer access to instant and frictionless Bitcoin payments.

The post CoinCorner partners Seed Group to offer Bitcoin trading in UAE appeared first on Invezz.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Open Trading Network (OTN) на Currencies.ru

$ 0.0064948 (+0.67%)
Объем 24H $0
Изменеия 24h: 1.44 %, 7d: 12.76 %
Cегодня L: $0.0064948 - H: $0.0064948
Капитализация $13.149k Rank 2181
Доступно / Всего 2.025m OTN / 100m OTN

trading uae coincorner bitcoin group offer seed

trading uae → Результатов: 31


Фото:

UAE Financial Authorities Approve Cryptocurrency Trading

The Securities and Commodities Authority (SCA) and the Dubai World Trade Centre Authority (DWTCA) have signed an agreement supporting the regulation, issuance, listing, and trading of crypto assets and blockchain-related financial activities within the DWTCA free trade zone, according to a press release on December 22, 2021. The UAE Lures Crypto Startups In a bidRead More

2021-9-24 23:00


Middle-Eastern Sovereign Wealth Fund Invests Big in Crypto Exchange Called ‘MidChains’

As per an all-new report released by a UAE media outlet late yesterday afternoon, Mubadala Investment Capital — the world’s thirteenth largest sovereign wealth fund — has just made a huge investment in MidChains (a crypto trading platform that is all set to go live in Abu Dhabi by the end of this year). According […]

2019-8-12 19:35