XT.com obtains DMCC License

XT.com plans to place regulatory compliance at the center of their growth strategy as they seek to expand business across existing and new markets.

February 9, 2023 - XT.COM, a cryptocurrency exchange, announced it had acquired a DMCC license and aims to offer customers a secure and reliable platform for buying, selling, and trading cryptocurrencies. The Dubai Multi Commodities Centre (DMCC) is a free zones for the commodities trade.

XT.COM will aim to meet the expectations of regulators and legislation as it continues its expansion and the plan to place regulatory compliance at the center of their growth strategy. They plan to work closely with regulators in order to ensure that the company's practices and processes are in line with local laws and regulations.

"XT.COM is committed to providing our customers with the best possible experience and cryptocurrency trading opportunities," said Albin Warin, CEO of XT.COM.

"We are proud to have obtained the DMCC license and are dedicated to ensuring that our platform is in compliance with the highest standards of security, transparency, and customer protection. The acquisition of the DMCC license is an important step in our efforts to expand our global footprint and bring our services to customers around the world."

XT.COM currently has customers in over 100 countries and aims to expand in MENA following the acquisition of the DMCC license.