Odaily Planet Daily News: CZ appeared at the Binance Blockchain Week in Dubai, UAE, at the end of October and surfaced again on November 3 in another Middle Eastern country, Bahrain. He told reporters that before Binance obtained the Virtual Asset Service Provider (VASP) license issued by Dubai, it was Bahrain that first obtained a similar license among the Gulf Cooperation Council (GCC) member states. During his attendance at the second Gateway Gulf Investment Forum held in Bahrain, CZ stated, "Many people don’t know the good things here." Bahrain, as a country also friendly to cryptocurrency, is relatively less known. After obtaining the license for cryptocurrency asset service providers granted by the Central Bank of Bahrain, Binance also received approval for a banking license from the CBB, which means that Binance has directly opened up fiat currency channels in the local area. CZ also mentioned that he has learned that peers in Hong Kong are actively exploring Real World Assets (RWA), but the price fluctuations of real-world assets are relatively small, making it difficult to form sufficient trading volume in the secondary market, and liquidity is likely to gradually shrink, waiting for innovators to propose truly liquidity-generating use cases. In addition, CZ expressed a strong optimism towards investment opportunities in the Middle East, focusing not only on blockchain investment but also strategically laying out in fields such as AI and biotechnology in the GCC countries. (Caixin)

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