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​FTX Has Received A Virtual-asset Licence And Will Set Up A Regional Headquarters In Dubai

Amy Liu

Summary: FTX, a major cryptocurrency exchange, says it has received a virtual-asset licence in Dubai and will set up a regional headquarters in the city, according to Bloomberg. "The certainty and credibility that Dubai assures in its adherence to these commitments allow FTX to safely pursue its overall strategy of scaling towards becoming the first virtual-asset ...

FTX, a major cryptocurrency exchange, says it has received a virtual-asset licence in Dubai and will set up a regional headquarters in the city, according to Bloomberg. "The certainty and credibility that Dubai assures in its adherence to these commitments allow FTX to safely pursue its overall strategy of scaling towards becoming the first virtual-asset service provider to enter global markets in a fully regulated manner," Mr Patrick Gruhn, head of FTX Europe, said in the statement.

By Amy Liu

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