Copper plans to use its arm in the United Arab Emirates, Copper Securities, to capitalize on the demand of institutional investors.
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Bitcoin mining firm Phoenix Group delays share listing
Due to UAE’s National Day, Phoenix Group’s public trading launch on the Abu Dhabi Securities Exchange has been moved to Dec. 5, 2023.
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eToro, M2 win ADGM crypto licenses to operate in UAE financial center
While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading
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Crypto custodian Hex Trust receives Dubai VASP license
Institutional cryptocurrency custodian Hex Trust adds Dubai to its list of operational jurisdictions in addition to Hong Kong, Singapore, Vietnam, Italy and France.
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Standard Chartered’s venture arm to set up crypto fund in UAE
SC Ventures will establish a “Digital Asset Joint Venture” investment company in partnership with a Japanese financial conglomerate, SBI Holdings.
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UAE central bank to penalize unlicensed virtual asset service providers
UAE lawyer Irina Heaver explained that the new guidance is part of the UAE’s efforts to be removed from the Financial Action Task Force’s (FATF)
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