Binance offers UAE staff relocation to Asia as Dubai real estate drops 25%
RL
Reese Livingston
Bitcoin ETF · Apr 10, 2026
Source: The Digital Ledger Data Terminal
Binance employees in the United Arab Emirates have the option to relocate to Hong Kong, Tokyo, Kuala Lumpur, or Bangkok. The offer follows a series of attacks by Iran on US allies in the region, including the UAE, where drones have exploded in public buildings in Dubai.
This relocation proposal was issued by Binance Holdings Ltd. to safeguard employees against unforeseen geopolitical risks. The move comes as the war between the US, Israel, and Iran escalates.
The impact of the war has extended to commercial activity in the region. The DFM Real Estate Index has dropped more than 25% since the start of the conflict. The Token 2049 crypto conference, scheduled for April 29-30 in Dubai, has been postponed to next year.
Most of the UAE-based employees have rejected the proposal to relocate. As of March 2025, Binance employed approximately 1,000 people in the UAE, representing 20% of its global workforce.
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