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

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    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) is a cryptocurrency expert, trader and journalist with extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.

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