Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»TRADING NEWS»Crypto.com secures Dubai cryptocurrency license, operating approval pending
TRADING NEWS

Crypto.com secures Dubai cryptocurrency license, operating approval pending

By Crypto FlexsDecember 6, 20231 Min Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Crypto.com secures Dubai cryptocurrency license, operating approval pending
Share
Facebook Twitter LinkedIn Pinterest Email

Crypto.com’s Dubai entity grants VASP license

Crypto.com’s Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Asset Service Provider (VASP) license by Dubai regulators and is awaiting approval to operate. The license allows the company to provide exchange, broker-dealer, lending and borrowing services to both retail and institutional investors.

Regulatory cooperation in Dubai

Crypto.com CEO Kris Marszalek expressed his expectation to work with Dubai regulators to contribute to the city’s cryptocurrency industry. He emphasized that Dubai is a leading market in designing effective regulations and emphasized the company’s commitment to operating within the regulatory framework.

Dubai, a cryptocurrency-friendly destination

Dubai has emerged as a popular destination for cryptocurrency companies seeking legal clarity, especially amid ongoing regulatory actions against them in the United States. The regulatory framework of Dubai and the United Arab Emirates provides clarity, making them an attractive location to set up a permanent headquarters.

Crypto.com enters Dubai

Crypto.com has designated Dubai as its Middle East and North Africa hub in March 2022. The company received a provisional license from the Dubai Virtual Assets Regulatory Authority (VARA) in June 2022, followed by a Minimum Viable Product (MVP) ready license in March 2022. the next year.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Tapbit secures strong presence at TOKEN2049 in Singapore

October 13, 2025

Why Bitcoin Could Rally Up to 21% This Week: Expert Explains

October 12, 2025

Ethereum price plunge creates opportunity for 13% rebound

October 11, 2025
Add A Comment

Comments are closed.

Recent Posts

CME Group Launches CFTC Regulated Solana and XRP Options

October 13, 2025

Eightco Holdings Inc. ($ORBS) Makes Strategic Investment Into Mythical Games To Accelerate Human Verification And Digital Identity In Gaming

October 13, 2025

Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin Via Private Placement, Signaling New Phase In Crypto Treasury Deployment

October 13, 2025

Collaboration Across Bybit, DigiFT And UBS UMINT Expands Collateral Solution For Institutions

October 13, 2025

BitMine Immersion (BMNR) Announces ETH Holdings Exceeding 3.03 Million Tokens And Total Crypto And Cash Holdings Of $12.9 Billion

October 13, 2025

Phemex Announces Halloween Futures Trading Festival With 200,000 USDT Prize Pool

October 13, 2025

ViaBTC Unveils Enhanced Collateralized Loan Service For Global Miners

October 13, 2025

Tapbit secures strong presence at TOKEN2049 in Singapore

October 13, 2025

Tapbit Delivers A Strong Presence At TOKEN2049 Singapore

October 13, 2025

Touareg Group Expands Global Presence With Establishment Of U.S. Technology Subsidiary

October 13, 2025

Cardano (ADA) Faces Selling Pressure – Is This the Start of a Trend?

October 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

CME Group Launches CFTC Regulated Solana and XRP Options

October 13, 2025

Eightco Holdings Inc. ($ORBS) Makes Strategic Investment Into Mythical Games To Accelerate Human Verification And Digital Identity In Gaming

October 13, 2025

Jiuzi Holdings, Inc. (JZXN) Secures 100 Bitcoin Via Private Placement, Signaling New Phase In Crypto Treasury Deployment

October 13, 2025
Most Popular

This new gaming token could surpass the success of Cardano (ADA) and Avalanche (AVAX).

May 1, 2024

CRO Price Prediction: Bearish pressure will mount as whales begin unloading.

November 29, 2024

Solana Price Prediction – Can Solana regain its bullish momentum and rise to $200?

May 13, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.