Crypto traders compete for Amir Kha’s charity boxing match in WBS Dubai – News Oct 18

The World Blockchain Summit in Dubai hosted an exhibition boxing match between top crypto traders and influencers for the WBC Crypto Belt. The battles are supported by a charity event that includes an auction of memorabilia including crypto assets and unsalable tokens.

What started was the conversation for a friendly game with a small audience, in which the two-time world boxing champion Amir Khan and the Super Boxing League (SBL) participated as organizers, along with the cryptocurrency exchange ByBit and the World Boxing Council.

https://twitter.com/amirkingkhan/status/1437436509334933509?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

The event featured friendly boxing matches between popular crypto twitter entrepreneurs like Luke Martin (@VentureCoinist) vs. Louis (@barneytheboi) and RookieXBT (@RookieXBT) vs. loomlock.eth (@loomdart). The winners of the events were Louis and RookieXBT, where RookieXBT won the WBC Crypto Champion Belt.

https://twitter.com/RookieXBT/status/1449516645601447938?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

Here’s some Cointelegraph footage from RookieXBT’s knockout moment:

https://twitter.com/Cointelegraph/status/1449468701502328837?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener

According to a conversation with Cointelegraph at the WBS press conference, the warriors given by crypto traders train for months, day in, day out – “no partying, no drinking, just hard work”. In addition, the boxing match has attracted many crypto enthusiasts around the world to attend the charity event, the money of which will be donated to the Amir Khan Foundation.

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

“By focusing on crypto, we will continue to intensify our efforts to reach like-minded groups who believe in innovation and transformation.”

Related: The UAE regulators approve cryptocurrency trading in the Dubai Free Zone

In order to present Dubai as the future hub of the blockchain, the financial regulators in the United Arab Emirates officially approved foreign exchange trading in the economic free zone of Dubai on September 22nd.

A Cointelegraph report dated September 23 shows that the Dubai World Trade Center Authority (DWTCA) has signed an agreement with the UAE’s Securities and Commodities Authority (SCA) to allow regulated trading of crypto assets in the DWTCA free zone enable.

Citing the development, SCA CEO Maryam Al Suwaidi said: “DWTCA wants to support companies that are based on blockchain technology and cryptography.”