Virtuzone, one of the top companies in the UAE that offers corporate and business formation services, announced today that it had forged a strategic alliance with Binance, the world’s largest cryptocurrency exchange. For companies using Binance Pay to set up their accounts, Virtuzone is now taking bitcoin payments. Neil Petch, Chairman and Co-founder of Virtuzone, said: “The partnership we have forged with Binance reflects our commitment to continue our pursuit of innovative solutions that will positively impact the UAE startup community.” Virtuzone-Binance Partnership to Promote Digital Currencies One of the largest cryptocurrency markets in the world is the UAE. Virtuzone, a Dubai-based company, aims to promote the use of digital currencies in the area. Majid Al Futtaim and JA Resorts & Hotels recently connected with Binance Pay. With its ability to enable rapid and contactless cryptocurrency payments, Binance Pay has become increasingly popular in the world of payments. It supports several cryptocurrencies, enables user-to-user payments, and offers instantaneous global money transfers. As a result, costs and delays associated with transactions handled by intermediaries or third parties are eliminated. The Virtuzone-Binance partnership agreement will help entrepreneurs who want to launch local businesses. Crypto Ecosystem in the UAE Some of the top cryptocurrency startups in the world are based in Dubai. The relationship wit...
