Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
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

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

Six high upside encryption coins of less than $ 20 are seen in 2025.

July 5, 2025

Valhalla Goes Today: FLOKI has been developed for 3 years and debuts the play MMORPG.

July 4, 2025
Add A Comment

Comments are closed.

Recent Posts

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025

Crypto Price Prediction Strategies – How Traders Forecast The Market

July 6, 2025

Causes, History, And How To Survive

July 6, 2025

A Guide To High-Risk, High-Reward Strategies

July 6, 2025

Ethereum MVRV has 1.20–1.25 and suggests that Market Peak is not visible.

July 6, 2025

Bitcoin holders reach $ 1 trillion in paper gains.

July 6, 2025

It flashes again in July

July 6, 2025

AAS MINER Rolls Out 2025 AI Cloud Mining Plan — Fully SEC-Compliant, Risk-Controlled, And Tailored For Crypto Enthusiasts

July 6, 2025

As Nano Labs begins to accumulate $ 1 billion, BNB gets a big supporter.

July 5, 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

What Every Investor Should Know

July 6, 2025

Protecting Your Portfolio In A Volatile Market

July 6, 2025

A Trader’s Guide To Smarter Moves

July 6, 2025
Most Popular

Cardano (ADA) prices that can be on the newest way to go on the newest reasons

March 26, 2025

Galaxy Digital Watch, US Election Day Biggest Trading Day of the Year: Report

November 7, 2024

A top cryptocurrency trader says there’s plenty of juice left in the tank for Solana. His big upside goals include:

December 12, 2023
  • 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.