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Abu dhabi
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Abu Dhabi
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CryptoCurrency
Zodia Markets Solidifies UAE Presence: Gains Abu Dhabi Crypto Licence
2024-12-10T14:11:25.762+02:00
The Standard Chartered-backed platform can now operate as a crypto broker in the UAE.
The new UAE unit is the fourth operating entity of Zodia.
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CryptoCurrency
Greengage Executes First External Debt Transaction on Coinbase Diamond with ADGM
2024-11-25T11:00:00.000+02:00
Project Diamond facilitates blockchain-based debt instrument deal under ADGM Regulation.
It uses smart contracts to enhance transparency and efficiency in financial systems.
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Brokers
Century Financial Opens Abu Dhabi Office in UAE Expansion Push
2024-10-10T09:25:52.898+02:00
The move aims to enhance client services and product offerings, including ADX stock CFDs and AI-enabled trading features.
The UAE is experiencing growth in retail trading, bucking the global trend of declining trader numbers
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Retail FX
CFI Expands UAE Operations: New Abu Dhabi Office under SCA License
2024-09-05T13:59:07.540+02:00
The firm partners with DCT Abu Dhabi to sponsor events and support local development.
The firm has entered Azerbaijan with AzFinance acquisition; rebranding planned for later this year.
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CryptoCurrency
Nomura’s Laser Digital to Offer Crypto Trading, Asset Management in Abu Dhabi
2024-06-19T08:51:00.083+02:00
ADGM's regulator grants permission for broker-dealer and fund management services.
The company is joining a growing number of firms establishing a presence in the UAE.
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Retail FX
ADSS Opens Up Trading for Abu Dhabi Exchange Listed Companies
2024-06-06T15:32:36.317+02:00
The firm now provides access to various local market sectors, including finance, energy, and telecom.
Regulated by the SCA, fund transfers are facilitated through UAEPGS and the Central Bank of the UAE.
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CryptoCurrency
Singapore's Liminal Secures Regulatory Approval in Abu Dhabi
2024-05-13T12:26:34.635+02:00
The firm's Indian subsidiary is India's first FIU-registered digital asset custodian.
Its Dubai entity obtained initial approval from the emirate's VARA last month.
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CryptoCurrency
Binance Evaluated “Global Licensing Needs” under CZ: Withdrew Abu Dhabi Bid
2023-12-08T07:26:32.825+02:00
The exchange withdrew the Abu Dhabi licensing bid on 7 November 2023.
It would have allowed the exchange to pool and invest funds from professional investors.
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CryptoCurrency
Phoenix Soars in Abu Dhabi Market Debut amid Crypto Surge
2023-12-05T10:41:34.493+02:00
The first crypto company successfully debuted on the ADX.
However, this move occurs as other miners are shifting from crypto to AI.
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CryptoCurrency
Abu Dhabi Embraces M2's Arrival: Crypto Trading and Custodial Services Unveiled
2023-11-28T12:39:39.132+02:00
UAE clients can register on the platform within two weeks.
It has launched an Earn product, providing yields of up to 10.5% on Bitcoin and Ethereum.
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Retail FX
eToro Solidifies MENA Strategy with Abu Dhabi License
2023-11-27T09:33:58.489+02:00
After more than a year, the company has obtained a full license in the UAE.
Several months earlier, it received authorization from CySEC.
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Retail FX
News Nuggets | 6 September: Zodia Expands into Abu Dhabi; Belgium FSA Issues New Warnings
2023-09-06T13:03:11.136+02:00
Also, Strise secured $10.8 million in funding; Finalto Asia announced its new Head of Sales.
Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
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CryptoCurrency
After 5 Years of Effort Rain Joins Growing Crypto Market in the Middle East
2023-07-26T10:30:10.063+02:00
The company has been applying for a license in Abu Dhabi since 2018.
After half a decade, it finally joined the companies licensed in the Middle East.
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CryptoCurrency
Cryptocurrency Service Providers Licensing Begins in UAE
2023-04-19T12:38:14.363+02:00
SCA opens licensing for virtual asset service providers.
UAE-based VASPs must comply with SCA rulings and submit license applications.
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Brokers
Equiti Opens Abu Dhabi Office within a Year of Gaining SCA License
2023-02-28T09:00:35.755+02:00
The new office will focus on offering personalized services to its clients.
The broker group opened a Cyprus office last November.
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CryptoCurrency
Abu Dhabi Grants Permission to Binance to Offer Custodial Services
2022-11-16T17:39:22.248+02:00
Binance received an MVP license from Dubai's VARA in September.
The exchange gained a crypto license from CySEC last month.
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Retail FX
CAPEX.com Gains In-Principle Crypto License in Abu Dhabi
2022-11-04T09:46:24.652+02:00
The regulator already holds a license from Abu Dhabi’s ADGM FSRA.
Several other crypto companies also obtained permission from the Abu Dhabi regulator.
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Retail FX
eToro Recieves In-Principal Approval from Abu Dhabi
2022-09-20T17:07:34.262+02:00
A full licence will enable eToro to operate as a securities, derivatives and crypto broker in the UAE capital.
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Executives
Veteran Nick Spencer-Skeen Joins UAE-Based Trading Platform Provider
2022-08-30T21:24:56.477+02:00
He joined newcomer APM Capital Limited as a Senior Executive Officer.
Spencer-Skeen has over 30 years of industry experience.
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FinTech
UAE’s Free Zone Regulator FSRA Fines Wise $360k for Gaps in AML System
2022-08-30T16:37:03.859+02:00
No actual instance of money laundering was found.
FSRA said Wise has taken 'substantial steps' to cover identified gaps.
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Regulation
Kraken Gains Abu Dhabi License to Launch Crypto Services Locally
2022-04-25T09:16:40.806+02:00
The crypto exchange will launch funding and crypto trading with local fiat.
It will establish regional headquarters in Abu Dhabi.
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Brokers
Securrency Capital Gains Regulatory License in Abu Dhabi
2022-04-12T09:50:19.351+02:00
The company has plans to offer digital asset trading services.
It is now seeking permission from the emirate’s regulator.
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CryptoCurrency
Binance Obtained an In-Principal Approval to Operate as a Broker in Abu Dhabi
2022-04-10T13:55:11.063+02:00
Binance still requires to complete the application process.
Binance US seeks to have presence in all 50 states by the end of 2022.
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News
Crypto-Focused SEBA Bank Gains Abu Dhabi License
2022-02-22T12:42:26.910+02:00
It has opened a new office in Abu Dhabi.
The company is eying to expand its services in the region.
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Exchanges
ADX Expects Jump in Liquidity after 22% Trading Fees Cut
2021-02-08T10:20:01.000+02:00
The new fee structure will come into effect from February 14.
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