botim money, Binance sign MoU to expand crypto access in the UAE
The partnership reflects UAE’s growing focus on regulated digital asset adoption and botim’s shift toward the fintech ecosystem.
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botim money, botim’s financial services arm and Binance, the blockchain ecosystem and crypto asset exchange, have signed a Memorandum of Understanding to explore bringing digital asset access to their customers.
The MoU aligns with botim’s expansion from a communications-led platform to offer a unified and inclusive fintech-first experience for UAE users, enabling them to pay, transfer, and invest within the same ecosystem. The signing took place at the Binance Blockchain Week in Dubai.
Under the MoU, both companies are exploring solutions that combine Binance’s digital asset expertise with botim’s fintech capabilities for the UAE market. The discussions focus on identifying practical ways to create safe and compliant access to digital assets.
The MoU reflects increasing interest in digital assets globally and across the Middle East, where regulatory frameworks support responsible financial innovation. Both companies will observe how such services could fit within the UAE’s regulatory landscape and how they may contribute to broader digital financial participation.
botim money supports the ones who have historically had limited access to traditional financial systems. As part of this MoU, the two parties will explore ways to provide communities with simplified and secure access to digital assets through regulated channels.
“Crypto is no longer a niche asset class and it is increasingly becoming integrated into everyday financial services.” commented Catherine Chen, Head of VIP & Institutional at Binance. “The UAE is taking exciting steps to connect traditional finance with digital assets, and we are pleased to keep supporting the local community and ecosystem,” she added.
