CRYPTO

Crypto traders fight for Aamir Khan’s charity boxing match at WBS Dubai

The World Blockchain Summit in Dubai hosted an exhibition boxing match between the top cryptocurrency traders and influencers for the WBC Crypto Belt. The fight was backed by a charitable event, an auction of souvenirs including digital currency assets and non-fingible tokens (NFT).

What started as a conversation for a friendly match with a small audience saw the participation of two-time world boxing champion Aamir Khan in collaboration with the By-Bit Crypto Exchange and the World Boxing Council and the Super Boxing League (SBL) as the organizer.

The event saw a friendly boxing match between Luke Martin (entVentureCoinist) vs. prominent crypto Twitter entrepreneurs. Louis (@burnitheboi) and RookieXBT (ook RookieXBT) vs. loomlock.eth (omloomdart). The winners of the event were Louis and RookieXBT, with RookieXBT WBC Crypto Champion Belt, respectively.

Here is a printout of RookieXBT’s knockout moment currency:

According to a conversation with Cointelegraph at the WBS press conference, the crypto trader-turned-fighters have been training day after day, “no team, no drinks, just hard work.” Also, the boxing match attracted many crypto enthusiasts from around the world who took part in the charity event, which will be donated to the Aamir Khan Foundation.

Khan also shared his excitement about SBL’s involvement with the crypto community:

“By joining Crypto, we will further our efforts to reach out to like-minded groups who believe in innovation and transformation.”

Related: UAE regulators approve crypto trading in the Dubai Free Zone

In an ongoing bid to show Dubai as the future hub of the blockchain, the UAE’s financial regulators have officially approved the trade of cryptocurrencies in Dubai’s economically free zone.

A Cointelegraph report from 2 Sep shows that the Dubai World Trade Center Authority (DWTCA) has signed an agreement with the UAE Securities and Commodities Authority (SCA) to allow regulated trading of crypto assets within the DWTCA Free Zone.

“DWTCA seeks to support businesses run by blockchain and cryptographic technology,” said Maryam Al Suwaidi, acting CEO of SCA.