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Crypto heavyweights go toe-to-toe in the boxing ring

crypto-heavyweights-go-toe-to-toe-in-the-boxing-ring
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Crypto heavyweights go toe-to-toe in the boxing ring

Dubai will host the third edition of Crypto Fight Night (CFN), a competition that combines cryptocurrencies and boxing presented by the WBC Cryptocurrency World Championship.

The event features cryptocurrency professionals stepping into the ring in what organizers are calling one of the biggest sporting events in crypto.

CFN 2023 is slated for Nov. 24 and is set to take place at the Yume Theatre at Ramee Dream Hotel in Downtown Dubai. The event has 16 fights on the docket, 5 of which are scheduled title bouts.

In the main event, the 2022 WBC Crypto World Champion, Trading Lord, is set to defend his title against the rising star, Krown.

The hotly contested Crypto Fight Night TV title will also feature Aaron Chalmers, known for being an influencer featured on MTV, going head to head with Warren โ€The Mechanicโ€ Spencer. Under the leadership of Andrew Tate, Spencer says he prepared for the fight and promises a war from the opening bell.

Over the past few years, Dubai has become one of the global capitals for the crypto industry thanks to new laws aimed at regulating digital assets. Many firms are eyeing the crypto-friendly jurisdiction as a new digital asset hub in the Middle East. Specifically, in 2022, the Governmentโ€™s Virtual Asset Regulatory Authority (VARA) was established in the emirate of Dubai (Dubai Virtual Asset Law) to regulate virtual assets and virtual asset service providers.