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Al Zarooni Group, Crypto Bulls launch crypto exchange
By a staff reporter November 06, 2018
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DUBAI: Al Zarooni Group and Crypto Bulls have joined hands to launch the Crypto Bulls Exchange, the first official cryptocurrency exchange to be registered in the UAE.

Dubai is always on the top of world attracting new ideas and giving healthy business environment for new startups and technologies.

Suhail Al Zarooni, Chairman, Al Zarooni Foundation stated this at the launch of Crypto Bulls, the first Crypto Currency Exchange in Dubai. He added that crypto currency exchange would be one of the biggest game changers for Dubai attractions in financial world.

“This will be the milestone for getting global investments opportunity from all over the Globe in UAE, as all financial techs and investors are looking forward in Crypto & Block chain Industry.”

Suhail Al Zarooni, chairman, Al Zarooni Foundation, has collaborated with Crypto Bulls and Gulf Coin Gold (GCG) for the joint venture. The memorandum of understanding (MoU) was signed between Al Zarooni and Shasha Gupta and Madhu, co-founders of Crypto Bulls Exchange.

In a bid to become a pioneer in Block chain technology, the UAE has launched the UAE Block chain Strategy 2021, pursuant to which 50% of government transactions will be conducted using block chain technology by 2021. To solidify its vision, regulations on the use of crypto assets, including crypto currencies, have recently been issued.

Shasha Gupta, CEO and Founder of Crypto Bulls Exchange stated that they were building up the frameworks that are made with some propelled specialized components, which are unquestionably giving the results that let all to appreciate genuine advancement. In last 6 months we are able to have more than 200,000 happy traders on exchange across the Globe. With this collaboration, when came into action Crypto Bulls will be the 1st Exchange providing AED trading pairs and traders would be able to convert their crypto assets into AED. He stated that we with this unique support from UAE Govt. Crypto Bulls would be able to attract huge no of foreign investments in crypto from Asia & Middle East.

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