Binance has announced Binance Blockchain Week 2024 to be held in Dubai.

In addition to the exchange's top management, the largest industry players will take part in the event.

These are, in particular, the heads of such companies as Dubai Future Foundation, Circle and Nansen.

On October 30-31, 2024, Binance Blockchain Week will be held at the Coca-Cola Arena in Dubai. The organizers informed Incrypted about this.

According to the press release, the following will take part in the event, in particular:

CEO Dubai Future Foundation His Excellency Khalfan Belhoul;

Circle CEO and co-founder Jeremy Allaire;

Wamda Group Executive Chairman Fadi Ghandour;

Sotheby’s Vice President and Head of Digital Art, Michael Buhanna;

CEO and founder of Republic, Kendrick Nguyen;

Nansen CEO Alex Svanevik;

Adib Ahamed, Managing Director of LuLu Financial Holdings.

The organizers noted that as part of the event, participants will have the opportunity to meet with the following exchange representatives:

CEO Richard Teng;

Chief Compliance Officer Noah Perlman;

Marketing Director Rachel Conlan;

CTO Rohit Wade;

head of regional markets Vishal Sachiendran

The theme of the event is "Momentum". During the event, participants will discuss the growth of the industry, its problems and trends.

According to the organizers, attendance at the 2024 event will be more than 3,500 people. This is more than in 2023, when the event was held in Istanbul.

Guests will be able to interact with top executives, including financial and cryptocurrency traders, project founders, institutional investors, regulators, politicians and innovators, the company said. They will all come together to explore what is shaping the future of blockchain and Web3 technology, Binance said.

The organization emphasized that Binance Blockchain Week in 2024 promises to be bigger and better than ever. The event offers a unique opportunity to learn, communicate and exchange ideas, added representatives of the exchange.

The event was supported by various large contractors. Celo is listed as a sponsor of Hero, MANTRA and THORChain - Palladium, IOTA and First Digital - Platinum.

Binance emphasized that tickets to the event are still available. You can buy them on the official website of the event.

What to expect from Binance Blockchain Week 2024?

BBW will bring together influential leaders and experts in the blockchain industry, providing an unprecedented opportunity for networking and learning, organizers said. The release emphasizes that both beginners and professionals in this field will be able to benefit from the event.

In 2024, the focus will be on sectors such as emerging technologies, DeFi and key regulatory decisions.

The importance of returning the event to Dubai

Binance Blockchain Week is a flagship event where innovation, culture and technology converge to shape the future of Web3, the company said. According to the organization, the event marks a turning point for the industry, as the region plays an important role in shaping the future of blockchain.

“We chose Dubai not only for its strategic location, but also for its commitment to creating a regulatory environment that allows companies like ours to thrive. The region's desire to become a hub for digital innovation aligns perfectly with Binance's mission to drive the adoption of blockchain technology around the world," the company said.

The prosperity of the industry in the region

The UAE has an ecosystem where collaboration between professionals encourages creativity and innovation, according to Binance. It was also added here that the favorable regulatory and legal environment of the region enables companies to work at full strength and increase their global influence.

The exchange has particularly highlighted work to bridge the gap between the Middle East and the rest of the blockchain world, which is facilitated by activity in this country.

Regulatory Compliance and Binance's Role

According to the company, compliance is critical to the long-term success and reliability of the blockchain industry.

"We believe that in order for blockchain technology to fully reveal its potential, it must work within a framework that ensures trust and security. That is why we work closely with regulatory authorities in the Middle East and around the world to meet and even exceed existing standards," the organization said.

It was also pointed out here that Binance previously received a VASP license from the Virtual Asset Regulatory Authority (VARA) to operate in the local market.

Market trends

Binance has been urged to focus on the long-term growth of the industry despite some recent volatility. The organization pointed out that the fundamental foundations of blockchain technology remain strong, leaving room for innovation.