Multinational company igot has supposedly released the first Bitcoin exchange in the UAE. The Australia-based company will operate from offices in Dubai with a Commercial Brokerage Licence approved by the local government, its founder told finance website CoinDesk, Arabian Business reported. Rick Day was quoted as saying that igot has secured local banking partners for direct deposits and withdrawals in UAE dirhams. Igot has also hired a small team for business development and customer support for its Dubai office, the report said.
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