Binance offered its employees in the United Arab Emirates the option to temporarily relocate to Hong Kong, Tokyo, Kuala Lumpur and Bangkok amid regional tensions, the company told CoinDesk on Friday.
“Given recent regional tensions, we offered employees the opportunity to temporarily relocate as a precautionary, employee-first measure to provide flexibility and support during a period of uncertainty,” a Binance spokesperson said. “As a remote-first organization, we are well positioned to support this kind of flexibility without disruption to our operations.”
The spokesman also said that its operations in the UAE remain unchanged and that many employees have chosen to stay.
“Our operations in the UAE continue as normal – a large number of our team have chosen to remain in the UAE. We remain deeply committed to the UAE as a central hub for Binance and to the wider region,” the spokesperson said. “As a global company, we continue to operate smoothly and serve our users without interruption.”
The relocation offer comes after a ceasefire agreement following about six weeks of escalating regional conflict that has disrupted business activity in the UAE. The country has intercepted hundreds of missiles and drones since hostilities began in late February, according to the UAE’s Ministry of Defense, with additional intercepts reported on April 8.
The Middle East conflict has already disrupted major crypto, business and sporting events across the UAE. TOKEN2049 Dubai has been postponed to 2027, while TON Gateway was canceled due to security and travel concerns. Other major events, including Middle East Energy Dubai and the Dubai International Boat Show, have also been delayed, and the Bahrain and Saudi Arabia Formula 1 races, key to crypto sponsorship exposure, are set to be cancelled.
In December, Abu Dhabi Global Market (ADGM) said Binance’s global platform would operate under its regulatory framework, marking a significant step in formalizing the exchange’s structure.
Binance, which reportedly has 1,000 employees or 20% of its total global workforce in the UAE, has also indicated that its worldwide operations are supported from Abu Dhabi, although it has not clearly defined a single global headquarters.
