The crypto exchange has granted full trading access to Syrian residents in a bid to promote financial inclusion and economic revival.
US prosecutors had initially recommended a three year jail term.
As its user base nears 200 million, CEO Richard Teng believes crypto adoption will soar over the next half of the decade.
Virtuzone, the leading provider of business formation and corporate services in the UAE, has partnered with Binance to accept cryptocurrency payments.
The goal is to create a special crypto zone and provide assistance to crypto-related businesses that are interested in becoming licensed in Dubai.