Market

​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

Last Update:

Tags: ,,,
Link: ​FTX Has Received A Virtual-asset Licence And Will Set Up A Regional Headquarters In Dubai   [Copy]
  • BitFuFu’s VP on Mining Leadership, Corporate Crypto Treasuries, the Stablecoin Act, and... 22 hours ago
  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 2 days ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 13 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 14 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 16 days ago
  • You need to login to comment.