Binance offers 1,000 UAE staff temporary relocation due to war, but many chose to stay

Binance offered its staff 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 Friday.

“Given the recent regional tensions, we offered employees the option 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 set up to support this kind of flexibility without disruption to our operations.”

The spokesperson also said 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 has chosen to remain in the UAE. We remain deeply committed to the UAE as a key hub for Binance and to the broader region,” the spokesperson said. “As a global company, we continue to operate seamlessly and serve our users without interruption.”

The offer of relocation comes after a ceasefire agreement, following roughly 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 Ministry of Defense, with additional interceptions reported on April 8.

The Middle East conflict has already disrupted major crypto, business and sports events across the UAE. TOKEN2049 Dubai has been postponed to 2027, while TON Gateway was canceled due to security and travel concerns. Other large events, including Middle East Energy Dubai and the Dubai International Boat Show, have also been delayed, and the Bahrain and Saudi Arabian Formula 1 races, key for crypto sponsorship exposure, are set to be canceled.

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 staff members or 20% of its total global workforce in the UAE, has also indicated that its worldwide operations are supported from Abu Dhabi, though it has not clearly defined a single global headquarters.