BlockBeats News, April 11th, CZ responded to the “Binance Offers Temporary Relocation to UAE Employees” stating, “The news coverage about Binance’s ‘Employee Relocation Plan’ is misleading, attempting once again to spin the UAE in a negative light, which is not the case. This is nothing new. Binance has always provided flexible work location arrangements for employees and will offer reasonable relocation support on a case-by-case basis (as I have mentioned in the past). I personally believe the UAE remains one of the safest countries globally, even safer than many popular tourist destinations.”
Earlier, according to CoinDesk, influenced by the situation in the Middle East, Binance offered temporary relocation options to its employees in the UAE to Hong Kong, Tokyo, Kuala Lumpur, and Bangkok. A Binance spokesperson stated, “Given the recent regional tensions, we have provided employees with the option of temporary relocation as a proactive, employee-first measure to offer flexibility and support during uncertain times.” The spokesperson also mentioned that many employees have chosen to stay in the UAE, and the company’s business operations in the UAE remain unaffected. Binance has about 1,000 employees in the UAE, which accounts for 20% of its global workforce, with its global operations also supported from Abu Dhabi.
