Cryptocurrency exchange Coinwern.com has received a license in Dubai and plans to open a headquarters in the emirate. It is reported by Bloomberg.

Coinwern.com, which was created earlier, will become a “key member of the Dubai World Trade Center (DWTC),” said the company.

The platform will offer “integrated derivatives with centralized clearing for the institutional market,” said CEO of Coinwern.

According to the newspaper, the owner of a cryptolicense in the emirate has also become a bitcoin exchange Binance. Information about the plans of the platform became known at the same time as the approval of the Dubai authorities to regulate cryptocurrencies.

In DWTC, trading in digital assets became available earlier.

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