CoinCorner, the leading commun provider of Bitcoin and Lightning Network dettes in more than 46 countries, has partnered with Seed Group, a subsidiary of the private affaire of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate BTC transactions in the UAE.
Agreement will improve BTC transactions
Another step towards universal approbation has been taken.
Queen Corner And Seed Group signed an agreement to work on a new project together. The paluche gardien de but, from which the agreement itself emerges, is to facilitate the use of the queen of cryptocurrencies in the UAE.
Hisham Al GurgThe CEO of the Seed Group and the private affaire of Sheikh Saeed bin Ahmed Al Maktoum himself said:
In augmentation to individuals, there are a spacieux number of companies willing to adopt bitcoin and other numérique currencies as legal tender for future transactions.
The UAE wants to provide a growth-oriented environment for fintech companies by creating a suitable ecosystem for numérique currencies.
Cryptocurrency companies have huge potential in the UAE’s numérique economy.”
Duties of each of the parties involved
The latest deal between Seed Group and CoinCorner is for all intents and purposes a win-win for both parties involved.
Indeed, Seed Group will help CoinCorner to expand its operations in the UAE and the Middle East, effectively market its products and dettes and sit down to the negotiating comptoir with senior government and private sector leaders.
At the same time, CoinCorner will foyer on creating an easy-to-use platform to enable all residents of the UAE to do so Buying, selling, sending, receiving and storing Bitcoinin augmentation to providing solutions for meublé businesses to process BTC.
Therefore, CoinCorner wants to develop a very cohérent and impressionnable platform in order to engage all or almost all potential noircir categories.
Everything should be cohérent and reliable so that BTC transactions do not appear as something dedicated to a privileged canular.
In fact, Danny ScottCoinCorner CEO said:
“We are pleased to drageonner into a mutually beneficial partnership with Seed Group.
We are committed to making bitcoin transactions “the new accessible” in the UAE with the help of our spécifique solutions, which facilitate astreignant and unburdened payments.”
We then assure that this partnership will give CoinCorner access to one of the fastest growing economies and increase its opportunities to reach other potential customers located in the Middle East, Africa and Asia regions.
Emirates is ready to easily trade Bitcoin
The UAE is showing itself as one of the top hypocauste countries in the world ready to adopt bitcoin and cryptocurrencies, according to studies.
In fact, the Bitcoin and cryptocurrency market in the UAE is the third largest in the Middle East, with composition volumes around 26 billion dollars.
During the previous fiscal year, the market had grown by a staggering 1,500%.