US-based Regtech Firm to Cooperate With Crypto Businesses in UAE

  • Alex Dovbnya
    📰 News

    After the Saudi Arabian clampdown, the crypto business in Gulf region gains more traction as lockchain company Securrency applies for an ADGM license to work in the UAE


US-based Regtech Firm to Cooperate With Crypto Businesses in UAE

After the Saudi Arabian clampdown, the crypto business in the Gulf region gains more traction as US-based Blockchain company Securrency applies for an ADGM license to work in the UAE. Through a tight cooperation with other crypto-oriented business, Securrency aims at creating a global platform for trading digital assets, fully compliant with all required regulations.

ADGM’s executive director Wai Lum Kwok claims that the looming partnership will be beneficial for the crypto community, which can take advantage of Securrency’s top-tier security and compliance tools.

 

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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