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Binance to explore digital assets in UAE with local fintech firm
Botim Money, the financial services arm of UAE-based platform Botim, and Binance have signed a memorandum of understanding (MoU) to explore providing digital asset access to millions of users in the UAE and beyond.
The agreement was signed during Binance Blockchain Week in Dubai on December 8.
The companies said they will study ways to combine Binance’s cryptocurrency expertise with Botim’s fintech services to create secure and compliant digital asset offerings.
The discussions focus on how these services could operate under UAE regulations and potentially expand access to digital finance for underserved communities.
🔗 Source: Botim
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