At the Global Blockchain Summit in Dubai, a boxing showdown took place between major cryptocurrency traders and influencers in the WBC Crypto belt. The battles were supported by a charity event with an auction of memorabilia including cryptocurrency and non-perishable tokens (NFT).

What started out as a friendly chat with a small audience took place with two-time boxing world champion Amir Khan and the Super Boxing League (SBL) as an organizer in collaboration with ByBit crypto exchange and the World Boxing Council.

The event featured boxing fights between notable Crypto Twitter founders such as Luke Martin (VentureCoinist) vs. Lewis (barneytheboi) and RookieXBT (RookieXBT) vs. loomlock.eth (@loomdart). The winners of the tournament were Louis and RookieXBT, respectively, and RookieXBT received the WBC Crypto Champion belt.

Here’s a screenshot from Cointelegraph of RookieXBT’s knockout moment:

According to a conversation with Cointelegraph at a WBS press conference, the crypto traders, who were defector warriors, trained for months, day after day, “no parties, no drinks, just hard work.” In addition, the boxing match attracted many crypto enthusiasts from around the world who took part in a charity event that will be donated to the Amir Khan Foundation.

Khan also shared his enthusiasm for SBL’s involvement in the crypto community:

“By connecting with cryptocurrencies, we will expand our reach to like-minded groups who believe in innovation and transformation.”
Related Topics: UAE Regulators Approve Cryptocurrency Trading in Dubai Free Zone

In an ongoing effort to promote Dubai as a future blockchain hub, the financial regulators of the United Arab Emirates officially approved cryptocurrency trading in the Dubai Free Zone on September 22.

A Cointelegraph report released on September 23 showed that the Dubai World Trade Center Authority (DWTCA) has signed an agreement with the UAE Securities and Commodities Authority (SCA) to allow regulated crypto trading in the DWTCA free zone.

Referring to the development, Mariam Al Suwaidi, Acting CEO of the Securities and Commodities Authority, said, “DWTCA looks forward to supporting the blockchain and crypto-related business.”

Source: CoinTelegraph