BitDelta Securities Secures Full CMA Category 5 Licence in the UAE - Opens Regulated Office in Dubai
just now
Liquidity Finder Ltd is incorporated in England and Wales, company number 10610740, registered address 167-169 Great Portland Street, Fifth Floor, London W1W 5PF, United Kingdom.
Published: just now

November 14, 2023 - Crypto.com's Dubai entity, CRO DAX Middle East FZE, has been granted a Virtual Assets Service Provider (VASP) Licence for specified virtual asset service activities by Dubai’s Virtual Assets Regulatory Authority (VARA). This licence remains contingent on meeting specific pre-operating criteria and receiving final operational approval
Upon receiving the final operational green light, Crypto.com will be authorised to offer a range of regulated virtual asset services in Dubai. These services include exchange operations, broker-dealer functions, management and investment services, as well as lending and borrowing facilities, accessible to both retail and institutional clients through the Crypto.com App and its Exchange platform.
Crypto.com is actively working towards becoming one of the initial virtual asset exchanges to fully activate its VASP Licence under VARA's recently issued specialised regulations for virtual assets in February 2023. This advancement follows Crypto.com's achievement of obtaining its MVP Provisional Licence in June 2022 and its MVP Preparatory Licence in March 2023. Additionally, the company declared Dubai as its regional headquarters for the Middle East and Africa in March 2022.
Kris Marszalek, CEO of Crypto.com, commented, “It is an incredible honour to be one of the first crypto exchanges to be granted a Virtual Asset Service Provider Licence by VARA, and it further proves our company’s commitment to security and compliance. Dubai continues to be a frontrunner in crafting effective crypto regulations that encourage both adoption and innovation. We are eager to introduce more of our leading products to customers in permissible jurisdictions from Dubai and are looking forward to collaborating with regulators in this dynamic ecosystem.”
We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.
Select the categories and companies you wish to follow directly to your person rss feed.
Create Custom RSS FeedSign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!
Binance has lowered its VIP 3 Wallet Assets threshold from $3 million to $1 million and will now count OTC Spot Trading Volume at a 4x multiplier toward VIP qualification, removing the previous VIP 4 cap and allowing eligible users to progress through the full tier framework up to VIP 9.
Retail futures trading leader NinjaTrader Group has appointed Mark Omens as Senior Vice President, Commercial Strategy, bringing a 25-year veteran of derivatives marketplace CME Group into a newly created role focused on exchange partnerships and enterprise growth.
Gold Price Action Forecast: Will XAU/USD Drop to $3930? Meta Description: Read our Gold price action forecast to see if XAU/USD will drop to $3930.
BitDelta Securities Financial Services LLC (“BitDelta Securities”) today announced that it has received full regulatory approval from the Capital Market Authority (“CMA”) of the United Arab Emirates under the Category 5 — Arrangement and Advice license framework (License No. 20200000439). The approval follows the firm's receipt of In-Principal Approval earlier this year and represents the successful conclusion of the CMA's full licensing process, including the satisfaction of capital requirements, governance appointments, and operational setup.
Crypto.com has received a $400 million strategic investment from Citadel Securities, valuing the firm at $20 billion. It marks the first institutional funding round in the company's history, aimed at accelerating its expansion into tokenised securities, derivatives and other asset classes.
WTI’s pullback into $79–82 is the first major test of the bullish Elliott Wave count, with buyers targeting a renewed break above $85.
BitDelta Securities has secured a full CMA Category 5 licence in the UAE and opened a regulated office in Business Bay, Dubai. The firm operates as an introducing broker, connecting investors with licensed international brokers across multiple asset classes, with CEO Dr. Demetrios Zamboglou commenting on the milestone.
Index volatility is asleep while single stocks fight it out underneath, credit refuses to confirm the equity rally, and a bare macro calendar hands next week to oil.
Digital assets and FX brokerage GC Exchange FZE (GCEX) has appointed Mohammed A. Mulla as a Board Member of its Dubai-based entity, part of the wider GCEX Group.
Learn what Blockchain-as-a-Service is, how it works, and why businesses are using BaaS to build blockchain applications without managing infrastructure.