On December 10, Charmaine Lim, head of VIP customer service at Huobi HTX, was invited to attend Bitcoin MENA and shared her views at a roundtable forum on the theme of "Improving Access to Bitcoin in the UAE". She said that since 2015, the UAE has made significant progress in promoting the adoption of Bitcoin and other cryptocurrencies. However, some banks are cautious about cryptocurrency transactions, cryptocurrency education is insufficient, and complex and changing regulations still hinder the development of the UAE's cryptocurrency industry.
Charmaine pointed out that Huobi HTX attaches great importance to the UAE market. At present, Huobi HTX has obtained the preliminary license of UAE VARA and is applying for upgrading to a formal license. At the same time, it actively establishes cooperation with local banks to provide a more direct trading channel from fiat currency to cryptocurrency. In addition, it will provide global users with learning opportunities on topics such as crypto trading, storage and security through Huobi live broadcasts and online seminars, and continue to update language options, such as providing Arabic support, to improve user experience.
