The UAE's first official registered cryptocurrency exchange set to go live soon

06 Nov, 2018
by Richard Allen
The UAE's first official registered cryptocurrency exchange set to go live soon

Al Zarooni Group and Crypto Bulls have paired up to bring the United Arab Emirates (UAE) its first ever officially registered cryptocurrency exchange: the Crypto Bulls Exchange.

Chairman of the Al Zarooni Foundation, Suhail Al Zarooni, stated:

“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.”

The venture is a result of the collaboration between Al Zarooni Foundation, Crypto Bulls and Gulf Coin Gold (GCG). Shasha Gupta, chief executive and founder of Crypto Bulls exchange said that the crypto industry in the UAE has continued to grow. In the last six months, more than 200,000 traders have joined the exchange. The exchange will be offering fiat trading pairs using the UEA’s local currency, Arab Emirate Dirham (AED), though The Gulf Today reports no further details.

Gupta added that with the help of the UAE government, Crypto Bulls could potentially attract investors from Asia and all over the Middle East.

Ripple recently announced its expansion plans into the Middle East, beginning with the launch of offices in Dubai before the end of the year.

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Add a comment

Is Shasha Gupta an honest business man? Is Crypto Bulls Exchange (a Suhail AlZaoori Venture) a Scam Exchange?

I am asking that because I have been a victim of his False Adverting at Mr. S. Gupta's Crypto Bulls Exchange, as exposed in this video:

And also because I have not been able to withdraw my money from Crypto Bulls Exchange since 21 November (actually since 21 October considering that just before that withdraw order they delayed for a month the reset of my 2FA).

That's why I am asking, as I have serious doubts about Shasha Gupta's ethical behavior at Crypto Bulls Exchange (which is a Suhail Al Zarooni Venture) that seems to be scamming by running a Ponzi Scheme. At least, that is what it looks like.
17 Dec, 2018 - 10:15

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