- The company’s mission includes spreading and improving the presence of cryptocurrency in the UAE.
- Dubai has built a reputation as a crypto-friendly destination.
virtozone It has teamed up with Binance to accept cryptocurrency for commercial transactions in the United Arab Emirates (UAE). The goals of the new company will be achieved through the use of the Binance Pay service. When it comes to corporate and business creation services in the UAE, Virtuzone is one of the best providers.
The goal of Virtuzone is to help companies enable cryptocurrency payments in order to reduce the regulatory and administrative burdens on startups. Moreover, they want to enhance the possibilities of foreign companies to collaborate with the country’s thriving startup community. The company’s mission also includes spreading and improving the presence of cryptocurrency in the UAE.
Digital transformation across the UAE
The United Arab Emirates (UAE) has the potential to become a focal point for innovation in the crypto and web 3 fields. In particular, Dubai has built a reputation as a crypto-friendly destination. UAE crypto rules and commercial suitability have attracted an increasing number of crypto-related companies and industry leaders.
Neil Beach, Chairman and Co-Founder of Virtuzone stated:
“The partnership we have forged with Binance reflects our commitment to continue our pursuit of innovative solutions that will positively impact the startup community in the UAE, while expanding future possibilities and opportunities for Virtuzone and its clients. Collaborating with a leading company in popular Web 3.0 technologies such as Binance puts us at the forefront of digital transformation and the Fourth Industrial Revolution across the UAE and the region.”
Binance appears to be in line with events in the UAE. Several companies have benefited from Binance Pay’s facility for cryptocurrency payments. Having decided to work with Binance Pay, Virtuzone joined other prominent Emirati companies in this endeavor. Majid Al Futtaim And JA Resorts & Hotels are also members of this alliance.
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