Blockchain Intelligence Platform Chainalysis Launches Regional Headquarters in Dubai

Chainalysis UAE
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Last updated:
Ad Disclosure
Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More
Author
Sujha Sundararajan
Author Categories
About Author

Sujha has been recognised as 🟣 Women In Crypto 2024 🟣 by BeInCrypto for her leadership in crypto journalism.

Last updated:
Why Trust Cryptonews
Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews
Ad DisclosureWe believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. Read more

Blockchain data firm Chainalysis, has established a headquarters in Dubai for Southern Europe, Middle East, Central Asia, and Africa regions. The firm aims to deepen its support of the UAE’s global crypto hub push.

According to a local report, Chainalysis partnered with the UAE’s Ministry of AI, Emirates NBD, and other crypto stakeholders to help employees upskill on blockchain tech.

“The UAE government has spearheaded the crypto revolution with forward-focused regulations, and business-friendly policies,” Michael Gronager, CEO of Chainalysis noted. “At Chainalysis, we have been actively driving the maturity of the region’s crypto ecosystem in line with the latest developments across the globe.”

Further, the company has been involved with key government stakeholders to provide best practices for development of crypto regulatory framework.

The headquarters in Dubai will support other emerging crypto markets including India, Africa and Central Asia, the release noted.

“The company aims to recruit skilled professionals specializing in traditional finance, regulatory compliance, and Web3.0 technologies to operate from its Dubai headquarters,” it added.

The news comes after Emirates NBD appointed Chainalysis as a key council member of Digital Asset Lab. Chainalysis joined PwC, R3 blockchain, crypto transfer platform Fireblocks, as founding council member of the lab.

UAE’s Global Crypto Hub Ambitions

According to Chainalysis, the Middle East and North Africa (MENA) region boast nearly 7.2% of global crypto transactions volume, with the region receiving over $389.8 billion in yearly on-chain value.

As a result, major crypto players such as Binance, Kraken and OKX have all established a presence in Dubai.

Furthermore, the UAE has worked proactively to build a thriving industry, centered on cryptocurrencies. It has also proved to provide the regulatory guardrails required to protect an evolving ecosystem and attract investors. While other jurisdictions such as the US and UK adopted a ‘wait and see’ approach, the UAE stole a march.

All these factors collectively have favored the UAE to become a crypto hub poised for exponential growth.

More Articles

DeFi News
From $10K to $75K: How Dave Portnoy Pumped and Dumped a Meme Coin on His Followers
Hassan Shittu
Hassan Shittu
2025-02-07 23:50:53
DeFi News
Donald Trump’s World Liberty Financial Set to Create Strategic Crypto Reserve: Report
Julia Smith
Julia Smith
2025-02-07 23:19:22
Crypto News in numbers
editors
Authors List + 66 More
2M+
Active Monthly Users Around the World
250+
Guides and Reviews Articles
8
Years on the Market
70
International Team Authors