Paxos, a stablecoin issuer, has obtained in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dhabi. Similarly, Fasset, a digital asset investment platform, has been granted a license to operate in Dubai by the Virtual Asset Regulatory Authority (VARA) for broker-dealer services. This expansion marks Fasset's focus on emerging markets.
Crypto investment platform Fasset granted operational license in Dubai https://t.co/DpR4jBthBu
📣 Latest News: Crypto investment platform Fasset granted operational license in Dubai #news #cryptonews #crypto
The digital asset investment platform Fasset was granted a Virtual Asset Service Provider (VASP) license by Dubai’s Virtual Asset Regulatory Authority (VARA) to perform broker-dealer services legally in the area. https://t.co/DpR4jBthBu
#Paxos Secures In Principle Approvals for #Stablecoin Issuance and #Crypto Services in Abu Dhabi https://t.co/dfYjcnZCdK
Digital asset investment platform @fasset_official has won a license to operate in Dubai, expanding its global licensing portfolio around its focus on emerging markets. By @amitoj https://t.co/4dC64TKDPb
Stablecoin issuer Paxos has received in-principle approvals from the Financial Services Regulatory Authority to issue stablecoins in Abu Dhabi. https://t.co/CRVgW5Vp5m