Yet another license backs up the broker’s impressive Middle Eastern growth
NICOSIA, Cyprus, Nov. 22, 2022 /PRNewswire/ — CAPEX.com announced today that it has received the In-Principle Approval to operate a cryptocurrency trading license in Abu Dhabi. It is not the first time the brand has received a vote of confidence from ADGM (Abu Dhabi Global Market), as it has been developing its strong MENA region presence since 2019.
Octavian Pătrașcu, the founder and CEO of CAPEX.com, commented on the new license:
“Now that we are ready to launch our cryptocurrency division in the Middle East, we are one step closer to becoming a complete trading app that offers multiple verticals for financial services in different regions. We are happy to see that the markets are becoming more regulated and we are among the first to have all the required legal infrastructure to offer a better and safer experience to our users.
We are enthusiastic about creating a real hub of financial services under ADGM, that…