Crypto.com officially enters the UAE with full operational approval from Dubai's VARA.
The collaboration between Dubai and Crypto.com is anticipated to be beneficial for both parties as the UAE seeks to revolutionize its financial sector through cryptos.
Crypto.com's Dubai-based entity received full operational approval from Dubai's virtual asset regulator, becoming the first exchange in the UAE permitted to operate with fiat currency.
Crypto.com is now fully operational in the UAE after receiving the final approval from Dubai's virtual asset regulatory authority VARA. In its press release Crypto.com, announced that its Dubai entity, CRO DAX Middle East FZE, has received full operational approval from Dubai's Virtual Assets Regulatory Authority (VARA) and is launching the Crypto.
The leading Singapore-based crypto exchange, Crypto.com, has set its sights on expanding its global footprint with a significant announcement. Notably, the exchange unveiled the latest development that would allow it to broaden its services in Dubai, marking a pivotal moment in its expansion strategy.
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