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Partnering with Binance Pay enables a UAE company to pay back loans in crypto.

31-Aug-2022 By: Sudeep Saxena
Partnering with Bina

After integrating Binance Pay, Virtuzone has joined the ranks of well-known businesses in the United Arab Emirates that accept cryptocurrencies, like JA Resorts & Hotels and Majid Al Futtaim.

Binance made a name for itself among Middle Eastern investors by running a number of authorised enterprises in Abu Dhabi, Dubai, and other locations. With an eye toward the United Arab Emirate's (UAE) mainstream corporate sector, Binance has made it feasible for new business owners to repay loans with cryptocurrencies through a partnership with business lender Virtuzone.

After integrating Binance Pay, Virtuzone has joined the ranks of well-known businesses in the United Arab Emirates that accept cryptocurrencies, like JA Resorts & Hotels and Majid Al Futtaim.

Binance made a name for itself among Middle Eastern investors by running a number of authorised enterprises in Abu Dhabi, Dubai, and other locations. With an eye toward the United Arab Emirate's (UAE) mainstream corporate sector, Binance has made it feasible for new business owners to repay loans with cryptocurrencies through a partnership with business lender Virtuzone.

The CEO of Binance, Changpeng "CZ" Zhao, has stated his intention to work with law enforcement. Baking Bad's Tezos staking reward account was consequently disabled by the exchange "in response to a law enforcement request."

Like any other exchange, Binance is required to answer these questions. There is a process in place for you to challenge the seizure with the agency. However, that process is managed by the agency, not Binance, according to the exchange, which justifies the shift.


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