Crypto ExchangesFeaturedMENA News

Cryptocom Names Mohammed Al Hakim as President of UAE Operations

Crypto.com has appointed Mohammed Al Hakim as the new President of its UAE operations, marking a significant milestone for the company’s expansion and diversity efforts in the region. Al Hakim is the first FCC and Emirati national to hold this prestigious role, both within Crypto.com and across the broader cryptocurrency industry.

In his new position, Al Hakim will oversee Crypto.com’s operations in the UAE and lead the company’s growth initiatives across the GCC. He will collaborate closely with government bodies and blockchain initiatives to enhance the region’s digital transformation and financial innovation.

Eric Anziani, President and COO of Crypto.com, expressed enthusiasm about Al Hakim’s appointment, noting his extensive experience as crucial to the company’s strategic growth in the UAE and GCC in 2025.

Al Hakim shared his excitement about joining Crypto.com, saying,  “The UAE’s leadership in fostering a forward-thinking regulatory framework has set the stage for exponential growth, and I look forward to contributing to Crypto.com’s mission by driving innovation and delivering exceptional value to our users across the UAE and GCC.”

With over 10 years of experience, Al Hakim brings a strong background in business development, partnerships, and financial innovation. He has been instrumental in securing over $800 million in foreign investments for Dubai, raising millions in sponsorships for UAE government projects, and launching programs to support Emirati talent.

Al Hakim is also part of the 7th cohort of the Mohammed Bin Rashid Center for Leadership Development, reflecting his commitment to leadership and innovation in the UAE and GCC. His previous roles include Director for Corporate Management and Loyalty Programs at the UAE’s Ministry of Human Resources and Emiratisation.

The UAE continues to solidify its position as a leading global hub for digital assets, ranking third in the MENA region with over $30 billion in cryptocurrency transactions from July 2023 to June 2024.

This announcement follows Crypto.com’s recent acquisition of Orion Principals Limited in Abu Dhabi and the launch of its AED Wallet, enabling users in the UAE to deposit and withdraw in local currency. Additionally, Crypto.com has partnered with Mastercard to offer a prepaid debit card to eligible users across the GCC.

News Desk

UNLOCK Blockchain News Desk is fueled by a passionate team of young individuals deeply immersed in the world of Blockchain and Crypto. Our mission? To keep you, our loyal reader, on the cutting edge of industry news. Drop us a line at info(@)unlock-bc.com to connect with our team and stay ahead of the curve!

Related Articles

Back to top button