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Binance to mark MVP regulatory authority license with Burj Khalifa facade show

Binance to mark MVP regulatory authority license with Burj Khalifa facade show

Dubai’s iconic Burj Khalifa – the world’s tallest building – is the setting for two spectacular Binance light shows at 8:25pm GST, September 24 – 25, to celebrate Binance’s recently awarded MVP (Minimum Viable Product) license in Dubai. The show will feature breathtaking animation that will light up the entire building, introducing thousands of spectators to a journey through Web3.

Dubai is now one of the fastest-growing virtual asset hubs in the world. The Emirate recently established the Virtual Asset Regulatory Authority (VARA), an agency body created by the Dubai Government to regulate virtual assets, product operators, and exchanges. Binance is one of the first virtual asset exchanges to be awarded an MVP license by VARA. 

The newly awarded license will allow regulators to monitor an incremental Binance product roll-out to qualified retail and professional investors, ensuring transparency, extensive legislation, consumer protection, and internationally applicable policy frameworks.  Visitors to the location at the foot of the Burj Khalifa, near the Souk Al Bahar, will see a world-class light show bringing together elements of the Metaverse, NFTs, and Web3 to the landmark, the perfect stage to honor Binance’s Virtual Asset MVP License. The Burj Khalifa area attracts over 200,000 visitors daily, who will all have a chance to participate and win prizes, including NFTs, crypto, and Binance swag!

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