Binance Dubai subsidiary head: The company has about 600 employees, isolated from other global operations

ChainCatcher news, Binance's local business head in Dubai, Alex Chehade, stated in an interview with Cointelegraph that regulatory clarity in the Middle East is driving growth in the cryptocurrency industry. Binance currently has about 600 employees in its Dubai operations and will continue to play a role in promoting the industry. He added that Binance FZE has been operating as a regulated exchange in Dubai for a year and a half and is separated from other global operations through strict custody and operations.