Main crypto trade, Crypto.com, has appointed Mohammed Al Hakim as President of its United Arab Emirates (UAE) operations, as realized by Finbold on Wednesday, December 18.
The transfer comes as Crypto.com highlights the significance of regional progress and variety and marks the primary time an Emirati and Gulf Cooperation Council (GCC) nationwide assumed this position inside the broader cryptocurrency trade.
https://t.co/vCNztATkNg is proud to announce Mohammed Al-Hakim as President of its UAE operations, underscoring the corporate’s dedication to regional progress and expertise. Al Hakim brings in depth experience in enterprise improvement, strategic partnerships, and monetary innovation.… pic.twitter.com/gKHSCLtvL9
— Crypto.com (@cryptocom) December 18, 2024
With over ten years of expertise in enterprise improvement and monetary innovation behind him, Mohammed Al Hakim, secured partnerships that attracted greater than $800 million in overseas investments in Dubai, the UAE authorities initiatives, and Emirati expertise packages.
He’s a member of the Mohammed Bin Rashid Heart for Management Improvement (MBRCLD), liable for recognizing and nurturing future regional leaders and innovators. Earlier than that, he served in key roles on the UAE Ministry of Human Assets and Emiratisation and considerably contributed to the Ministry’s excellence award for partnership and integration.
Crypto.com predicts the area to be a future crypto hub
Crypto.com acknowledged the UAE and GCC as a key rising hub for digital property, with over $30 billion in transaction quantity between July 2023 and June 2024. In his new position, Al Hakim will lead Crypto.com’s regional initiatives in collaboration with the UAE authorities, native blockchain and monetary innovation initiatives, and GCC’s varied council packages.
Eric Anziani, President and Chief Working Officer of Crypto.com, greeted the brand new addition to the Crypto.com’s staff:
We’re actually excited to welcome Mohammed Al Hakim to Crypto.com, and admire the data, expertise and background he’ll convey to our increasing UAE staff. We’ve got a variety of progress initiatives and thrilling product launches within the pipeline for 2025 within the UAE and wider GCC area and we’re delighted to have Mohammed onboard to spearhead these.’
Mohammed Al Hakim welcomed the choice:
‘I’m honored to affix Crypto.com at such an thrilling time for the cryptocurrency trade. The UAE’s management in fostering a forward-thinking regulatory framework has set the stage for exponential progress, and I stay up for contributing to Crypto.com’s mission by driving innovation and delivering distinctive worth to our customers throughout the UAE and GCC.’
He added:
‘This position is a chance to offer again to my nation and area, and I’m dedicated to creating a significant affect.’
Crypto.com continues to broaden within the UAE, because the appointment of the President of the UAE operations follows the latest acquisition of Orion Principals Restricted, regulated by the Abu Dhabi World Market (ADGM), and the launch of an AED Pockets for seamless native forex transactions.
