Crypto.com has announced the appointment of Mohammed Al Hakim as its new president of its UAE operation for the company’s growth and diversity in the region.
The announcement said that AL Hakim is the first FCC and Emirati national to hold this prestigious role in both Crypto.com and the wider cryptocurrency industry.
In his new role, Al Hakim will manage Crypto.com’s operations in the UAE and lead efforts to expand the company’s presence across the GCC region. He will work closely with government entities and blockchain initiatives to boost the region’s role in digital transformation and financial innovation.
Eric Anziani, Crypto.com’s President and COO, expressed excitement about Al Hakim’s appointment, citing his experience as vital for the company’s upcoming growth initiatives in the UAE and GCC region in 2025.
Al Hakim shared his enthusiasm for joining Crypto.com, emphasizing, “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 has a strong background in business development, partnerships, and financial innovation. His past achievements include helping bring over $800 million in foreign investments to Dubai, securing millions in sponsorships for UAE government projects, and creating programs to support Emirati talent.
Al Hakim is also a member of the Mohammed Bin Rashid Center for Leadership Development’s 7th cohort. This program is focused on developing future leaders, reflecting his dedication to innovation and leadership in the UAE and GCC.
He worked as a Director for the Corporate Management and Loyalty and Incentives Programs at the UAE’s Ministry of Human Resources and Emiratisation.
The UAE is now one of the top global hubs 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, which allows users in the UAE to easily deposit and withdraw in local currency. Additionally, Crypto.com partnered with Mastercard to offer a prepaid debit card to eligible users in the GCC.
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